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FINANCIAL FRAUD CASES

Supervised:

  • U.S. v. Deutsche Bank AG, et al., 11 Civ. 2976 (LAK) (SDNY).

United States alleged that defendants made false statements to the government that their mortgage operations complied with HUD regulations.

Settled in 2012 for over $200 million.

  • U.S. v. Flagstar Bank, FSB, 12 Civ. 1392 (KBF) (SDNY).

United States alleged that Flagstar improperly approved thousands of residential home mortgage loans for government insurance without complying with federal regulations.

Settled in 2012 for $132.8 million.

  • U.S. v. Buy-a-Home, LLC, et al., 10 Civ. 9280 (PKC) (SDNY).

United States alleged that defendants submitted false documents to HUD to obtain mortgage financing for homes that they subsequently flipped.

Settled in 2011 for $1.2 million.