Phoenix real estate agent pleads guilty for role in mortgage fraud schemeMarch 19th, 2010 - 12:45 am ICT by BNO News
PHOENIX, ARIZONA (BNO NEWS) – A Phoenix, Arizona real estate agent pleaded guilty to misprision of a felony for her role in a mortgage fraud scheme, prosecutors announced on Thursday.
Natasha Swallows-Feagins, 31, was contacted by co-defendants Samuel and Georgiana Dobos to represent three straw buyers. Swallows-Feagins, in her role as a real estate agent represented three buyers who bought nine residences. She also facilitated transactions where loan applications were submitted to lenders containing false information.
All nine properties that Swallows-Feagins sold went into foreclosure. This includes her own residence, sold to a straw buyer, where he received $37,000 in proceeds.
The whole conspiracy involved twenty-six homes that went into foreclosure. Two defendants, George Babeti and Brandon Azedegan, were sentenced to prison. Daniel Morar and Cosmina Bunea are fugitives that are believed to have fled to Romania
- Thriteen individuals indicted for $16.9 million mortgage fraud - Apr 13, 2010
- Fannie Mae Foreclosures on Hold for Some, but Not for All - Oct 02, 2010
- Man of Maricopa, AZ sentenced for multiple aggravated assaults with firearms - Mar 23, 2010
- Four Russians held for poisoning 11 people - Apr 28, 2012
- Nicolas Cage foreclosure: No buyers for his LA mansion - Apr 09, 2010
- DLF sells Pune SEZ - Dec 28, 2011
- Palin gets no vote in recent GOP straw poll - Feb 23, 2011
- Attorney Title Center's owner, employee and broker charged in fraud scheme in Florida - Apr 17, 2010
- Tucson, AZ man pleads guilty to participating in $23 million fraud scheme - Apr 19, 2010
- Oz property listing video featuring scantily clad model goes viral - Feb 15, 2011
- Phoenix, AZ "Professional" bank robber sentenced to prison - Feb 24, 2010
- Michael Jackson's Las Vegas Home Sold To Fan For $3.1 Million - Jan 29, 2010
- Topeka, KS man sentenced after trying to rob a federal agent - Mar 10, 2010
- San Francisco, CA broker and real estate developer charged with $19.6m bank fraud - Feb 13, 2010
- Realty industry slams repo rate hike - Oct 25, 2011
Tags: arizona real estate, bno, conspiracy, cosmina, false information, felony, foreclosure, fraud scheme, fugitives, georgiana, loan applications, morar, mortgage fraud, natasha, phoenix arizona real estate, phoenix real estate, proceeds, prosecutors, real estate agent, swallows