Eve Mazzarella & Steven Grimm, Mortgage Fraudsters and Award Winning RealtorSpecialties: Foreclosures & Short Sales
Class of 2007! Bravo, realtor.org!
Under 30 Profile
2008-03-13: FBI News Release
* Mazzarella and Grimm recruited individuals (straw buyers) to make offers to purchase homes in Las Vegas at substantially above the seller's asking price. Once the purchase was negotiated, the straw buyers applied for mortgages from financial institutions. Mazzarella and Grimm placed, or caused to be placed, false information regarding the straw buyers' places of employment, income and assets on the mortgage loan applications in order to ensure that the straw buyers could qualify for the loans.
2008-03-14: Las Vegas couple face federal charges
LAS VEGAS - A Las Vegas real estate broker and her husband are facing federal charges they made millions of dollars orchestrating a mortgage fraud scheme.
U.S. Attorney for Nevada Gregory Brower says Eve Mazzarella, 30, and her husband, Steven Grimm, 45, were indicted Wednesday on bank fraud, money laundering and aiding and abetting charges.
The government alleges Mazzarella and Grimm bought more than 200 properties at inflated values using limited liability companies and more than 400 straw buyers to make purchase offers.
The couple allegedly controlled transactions worth more than $100 million. They allegedly defaulted on mortgage payments on many of the loans, causing at least 118 properties to be sold in foreclosure.
2008-06-03: Las Vegas called 'mortgage fraud ground zero'
Prosecutors have charged Eve Mazzarella, 30, and Steven Grimm, 45, with bank fraud, alleging the two caused banks to make more than $107 million in dubious loans and netted a profit of at least $15 million. Both defendants pleaded not guilty to the charges. A trial has been scheduled for October.
AND... she's honored at realtor.org BWAHAHAHARealtor.org: Under 30 Profile: EVE MAZZARELLA
(hat tip to Housing Doom)
