This just in, it's confirmed, city of Miami assistant fire chief Veldora Arthur and her codefendants were all FOUND GUILTY on all counts in their federal mortgage fraud trial! Here are the verdicts...
Veldora Arthur Federal Mortgage Fraud Trial Verdict
Pamela Johnson Federal Mortgage Fraud Trial Verdict
Neil Fagan Federal Mortgage Fraud Trial Verdict
To put it lightly, the defense team failed miserably. Detail coming up a little later this evening.
After years of getting appointments and promotions that she did not qualify for or deserve..she is finally actually gonna get something that she has worked for and is deserving of !
ReplyDeleteDAYUM!!!!!!
ReplyDeleteNice comment 2:37. Wish I had said that. Based on what I have seen, it is about 100% unvarnished truth.
ReplyDeleteDo not the rules state she will lose her job and pension? Does she pay Miami back for paid leave now that she had her day in court. either way I bet she as millions in Swiss account!
ReplyDeleteGood job!!
ReplyDeleteI'll follow up on this on my blog.
ReplyDeleteAgain, Chief Exposito is gone and WOW!! how much time and effort was put into his departure??? How many millions in media and city resources was waisted?? How many anti-exposito articles were written by the herald???? at the end a corrupt city hall found him guilty of what? a crime? No of circumventing a order from a rookie city manager. WOW huge victory for corruption right?
ReplyDeleteMy point is a 300k a year fire chief is found guilty in federal of conspiracy to commit wire and mail fraud. She was part of a group that defrauded over 11 Million. WHat makes it worse is that she was also a license mortgage broker which means she understoof everysingle paper she signed.
So how does the Miami Herald report this huge story????? by a small slush pice in the business section titled broward man they didnt even say she was a City of Miami chief but a Miami-Dade WOW talk about the Herald defrauding the citizens of a real story!!!!!
Broward man sentenced in fraud schemes
MORE INFORMATION
BY TOLUSE OLORUNNIPA
TOLORUNNIPA@MIAMIHERALD.COM
A Broward County man was sentenced to nine years in prison for engaging in two separate fraud schemes between 2005 and 2007, the U.S. Attorney’s Office announced Friday.
Manetirony Clervain, also known as Kevin Russell, pled guilty earlier this year to defrauding retailers by obtaining lines of credit under an assumed identity and running a separate mortgage fraud scheme in 2007.
Clervain recruited straw buyers to purchase condo units at the Club Caribe Project in Coconut Creek, using falsified loan documents to obtain more than $5.7 million in loans.
In a separate case, a former assistant to Miami-Dade’s fire chief was found guilty of taking part in an $11 million mortgage fraud scheme in Aventura, the U.S. Attorney’s Office announced Friday.
Veldora Arthura was found guilty of acting as a straw buyer for a unit at the Hidden Bay Condo complex in Aventura. Arthura, who received $317,000 for her role in the fraud, will be sentenced on Dec. 16. She faces a maximum sentence of 20 years. Also convicted were Neil Fagan, who recruited straw buyers for the scheme, and Pamela Johnson, who handled the real estate closings.
Corruption is great when you have the herald and media on your side
Lol!
ReplyDeleteHere's the press release from the United States attorneys office...
ReplyDeletePress Release
JURY FINDS MORTGAGE FRAUD DEFENDANTS GUILTY OF ALL COUNTS IN MORTGAGE FRAUD SCHEME INVOLVING THE HIDDEN BAY CONDOMINIUM COMPLEX IN AVENTURA, FLORIDA
September 30, 2011
FOR IMMEDIATE RELEASE
Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, announced that a federal jury found defendants Neil Fagan, Pamela Johnson, and Veldora Arthur guilty of conspiracy to commit wire and mail fraud, and all substantive mail-fraud counts set forth in the February 3, 2011 superseding indictment. The indictment included charges of conspiracy to commit wire and mail fraud and substantive mail fraud. The conspiracy and mail fraud counts carry a statutory maximum sentence of 20 years’ imprisonment. All defendants were remanded into the custody of the United States Bureau of Prisons following their convictions.
Fagan and Johnson were charged in Counts 1 through 5 of the indictment and were convicted on all counts. According to the evidence, Fagan recruited the straw buyers who bought the properties listed in the indictment and received approximately $1,300,000 in mortgage fraud proceeds. Johnson served as the settlement agent who handled the real estate closings and diverted fraud proceeds to herself and family members. Arthur, charged and convicted of Counts 1, 3, and 5, was an Executive Assistant to the Fire Chief in the City of Miami Fire Department who served as a straw buyer. Arthur received approximately $317,000 in fraud proceeds in less than a month.
The properties in the case were located at 3370 NE 190 Street in Aventura, Florida, which is known as the Hidden Bay Condominium Complex. During the course of the conspiracy approximately $11,000,000 in fraudulent loans were issued, resulting in a loss to lenders of approximately $7,000,000.
Sentencing for Johnson and Fagan has been scheduled for December 15, 2011at 8:30am. Sentencing for Arthur has been scheduled for December 16, 2011 at 8:30 am.
Mr. Ferrer commended the investigative efforts of the FBI. The case was prosecuted by Assistant U.S. Attorneys Armando Rosquete and Sean McLaughlin.
A copy of this press release may be found on the website of the United States Attorney's Office for the Southern District of Florida at http://www.usdoj.gov/usao/fls. Related court documents and information may be found on the website of the District Court for the Southern District of Florida at http://www.flsd.uscourts.gov or on http://pacer.flsd.uscourts.gov.
Technical comments about this website can be e-mailed to the Webmaster. PLEASE NOTE: The United States Attorney's Office does not respond to non-technical inquiries made to this website. If you wish to make a request for information, you may contact our office at 305-961-9001, or you may send a written inquiry to the United States Attorney's Office, Southern District of Florida, 99 NE 4th Street, Miami, Fl. 33132.
If they do to Veldora what they did to Don Warshaw, she will not keep her pension.
ReplyDeleteMight you consider staying alert on that issue for us? She should not get another freakin penny.
Then again, that is the kind of thing the city of Miami would ignore, in hopes that nobody will notice.
It proved to be Very helpful to me and I am sure to all the commentators here! theplaynews
ReplyDelete