A Las Vegas man was sentenced today to 60 months in prison for his role in an investment fraud scheme that promoted fraudulent investment opportunities and caused more than $5 million in losses to investors. Assistant Attorney General Leslie R. Caldwell of the Justice Department's Criminal Divis...

LOS ANGELES– A Los Angeles man who recruited churches into a $4.2 million mortgage scheme that defrauded Broadway Federal Bank has been sentenced to serve one year and one day in federal prison. Chester Peggese, 59, received the prison sentence yesterday from United States District Judge Manuel...

LOS ANGELES– A Lakewood woman has been found guilty of five felony charges for lying to banks that funded mortgages for three properties that later went into default, causing about $660,000 in losses to the lenders. Felicia Muhammad, 45, who at the time of the criminal conduct was a licensed re...