Mortgage Fraud and the Illegal Property Flipping Scheme: A Case Study of United States v. Quintero-Lopez



BY ALEXIS C. BELL, CFE, PI


Description

In United States v. Quintero-Lopez, 15 defendants were indicted on 70 counts in the Southern District of Florida for a mortgage fraud scheme involving 16 fraudulent loans totaling $6 million in disbursements. This case study examines over 3½ years of activity, incorporates a detailed risk assessment and highlights best practices for prevention, detection, and investigation. The methodology of the scheme is detailed in a process flowchart, link analysis and timeline of events.



Product Details

COPYRIGHT 2010
ISBN 978-1-470-16103-3
Paperback, 126 PAGES
ALEXIS C. BELL

Table of Contents:


  • Chapter 1: Introduction
  • Chapter 2: Case Summary
  • Chapter 3: Illegal Property Flipping Scheme
  • Chapter 4: Facts of the Case
  • Chapter 5: Risk Assessment
  • Chapter 6: Best Practices
  • Chapter 7: Analyst's Notebook
  • Appendix A: Mortgage Fraud Schemes as per the Federal Bureau of Investigation: 2009 Financial Crimes Report and the 2009 Mortgage Fraud Report
  • Appendix B: Process Flowchart for United States v Quintero-Lopez (2007)
  • Appendix C: Link Analysis for United States v Quintero-Lopez (2007)
  • Appendix D: Timeline Chart of Houses 1(a) through 4(d) for United States v Quintero- 
  • Lopez (2007)
  • Appendix E: Timeline Chart of Houses 5(e) through 8(h) for United States v Quintero-Lopez (2007)