FBI raids Hollywood mansion in $17.4M alleged mortgage scam targeting seniors, 11 arrested including Iranian
The FBI conducted a raid on a Hollywood mansion linked to a $17.4 million mortgage fraud scheme targeting elderly homeowners, resulting in the arrest of 11 individuals.
FCA investigates collapsed lender MFS amid £1.3bn mortgage scandal
The UK's financial regulator has begun an investigation into the collapsed mortgage lender MFS, following allegations of fraud and a significant asset-freezing order against its founder.
Toronto lawyer linked to mortgage fraud that led to double murder-suicide fails to get suspension lifted
Toronto lawyer Shahryar Mazaheri, associated with a mortgage fraud case linked to a deadly 2024 double murder-suicide, has had his licence suspension upheld by the Law Society of Ontario.
Major mortgage lender collapses into administration - what it means for UK households
UK mortgage provider Market Financial Solutions has entered administration due to fraud allegations, impacting various lenders including Barclays.
The ‘great theater’ of Antonio Arroyo's scam
Antonio Arroyo, dubbed Spain's largest mortgage fraudster, faces trial revealing the intricate operations of a massive fraud scheme involving numerous financial intermediaries.
The workers of Antonio Arroyo, 'the scammer of the poor,' reveal: 'He instructed me to deceive the clients'
Two former workers of Antonio Arroyo have testified against him, alleging that he instructed them to deceive vulnerable clients, amidst a major mortgage fraud trial in Spain.