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Rockland County Man Sentenced For His Role In Mortgage Fraud Scheme

Published

6 years ago

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BUFFALO, N.Y.- U.S. Attorney James P. Kennedy, Jr. announced on Friday that Daniel Badu, 56, of New City, NY, was convicted of conspiring to commit mail and wire fraud affecting a financial institution, was sentenced to time served and 10 months home detention by U.S. District Court Judge Lawrence J. Vilardo.

Assistant U.S. Attorney Elizabeth R. Moellering, who handled the case, stated that between 2008 and 2009, the defendant conspired with others to defraud The Funding Source (“TFS”), a mortgage bank, and other financial institutions by submitting fraudulent applications for home loans. After being originated by TFS, the loans were sold to other financial institutions, including M&T Bank and JPMorgan Chase.

The co-conspirators in this case submitted fraudulent applications for loans on eight properties in Bronx, NY. They fraudulently obtained mortgages that were insured by FHA on behalf of unqualified borrowers, such as the defendant. Badu was the purchaser on two of the properties and he aided in the submission of false documentation as part of the loan application, including documents purporting to show income from a fake job. The defendant also backstopped false employment for another loan, pretending that the borrower worked for his ophthalmology company, Eagle Eyes, which in reality was a shell company that performed no business.

The total loan amount for these eight transactions was $4,800,007.

In total, six defendants have pleaded guilty for their roles in this fraud. Attorney Laurence Savedoff, Esq. pleaded guilty to a misprision of a felony and was sentenced to four months in prison. Realtor and appraiser Julio Rodriguez pleaded guilty to mail and wire fraud affecting a financial institution, and a conspiracy to do the same, and was sentenced to six months in prison. Sentencing hearings are pending for mortgage broker Gregory Gibbons, and realtors Tina Brown and Alagi Samba.

The sentencing is the culmination of an investigation by the United States Postal Inspection Service under the direction of Joseph W. Cronin, Inspector-in-Charge, Boston Division; the United States Department of Housing and Urban Development, Office of the Inspector General, under the direction of Special Agent-in-Charge Brad Geary; and the Federal Bureau of Investigation, under the direction of Special Agent-in-Charge Gary Loeffert. Additionally, the New York State Department of Financial Services assisted with the investigation.

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Stony Point Police Department Needs Your Help in Identifying This Individual

Published

4 hours ago

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April 11, 2025

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Stony Point Police needs your help – this incident occurred on 4/10/25 in the Town of Stony Point, NY and we are asking for your assistance in identifying this individual in regards to a theft investigation. If you have any information, please contact the Stony Point Police at 845-786-2422. Or- if YOU ARE this person – please stop by the Stony Point Police station so we may try to speak with you. Thank you.

 

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Crime

Rockland County Teams with NYS Police to Take Down Online Child Traffickers in Bold Operation

Published

1 day ago

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April 10, 2025

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In a coordinated effort, the New York State Police, along with the Rockland County Sheriff’s Office and the Town of Ramapo Police Department, carried out a successful undercover operation aimed at combating online child exploitation. Conducted over the course of several days, the operation led to the identification and arrest of several individuals involved in illegal activities related to child trafficking and exploitation.

Specialized Investigators used advanced cyber tools and techniques to infiltrate online platforms commonly used to facilitate these crimes. Through these efforts, they were able to track down suspects attempting to exploit minors online and lure them into in-person meetings.

As a result of the operation, the following six individuals were arrested and charged with various offenses. A historical investigation will continue into each of these individuals that were exposed during this investigation.

 

jose

 

Jose B. Tombriz-Ixquiactap, age 28, of Monticello, NY

  • Attempted Rape 1st, a Class C Felony
  • Attempted Endangering the Welfare of a Child, a Class B Misdemeanor

Remanded to the Rockland County Jail in lieu of $50,000 cash, $100,000 bond, $150,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

 

klahr

 

 

Yessachar D. Klahr, age 51, of Monsey, NY

  • Attempted Rape 1st, a Class C Felony
  • Attempted Patronizing for Prostitution 3rd, a Class A Misdemeanor
  • Attempted Endangering the Welfare of a Child, a Class B Misdemeanor

Remanded to the Rockland County Jail in lieu of $7,500 cash, $15,000 bond, $30,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

 

rosas

 

 

 

Adrian Rosas, age 33, of Stony Point, NY

  • Attempted Rape 1st, a Class C Felony
  • Endangering The Welfare of a Child, a Class B Misdemeanor

Remanded to the Rockland County Jail in lieu of $50,000 cash, $20,000 bond, $30,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

 

corte

 

 

Diego Patricio D. Pachar Corte, age 38, of Cortlandt Manor, NY

  • Attempted Rape 2nd, a Class D Felony
  • Attempted Disseminating Indent Material to Minors 1st, a Class E Felony
  • Attempted Endangering the Welfare of a Child, a Class B Misdemeanor

Remanded to the Rockland County Jail in lieu of $50,000 cash, $100,000 bond, $150,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

 

valdivia

 

 

Nayib J. Valdivia, age 33, of Ossining, NY

  • Attempted Disseminating Indent Material to Minors 1st, a Class E Felony
  • Attempted Endangering the Welfare of a Child, a Class B Misdemeanor

Remanded to the Rockland County Jail in lieu of $50,000 cash, $100,000 bond, $150,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

 

ellis

 

 

Carl W. Ellis, age 55, Maplewood, NJ

  • Attempted Rape 2nd, a Class D Felony
  • Attempted Disseminating Indecent Material to Minors 1st, a Class E Felony
  • Attempted Endangering the Welfare of a Child, a Class B Misdemeanor
  • Criminal Possession Controlled Substance 7th, a Class A Misdemeanor

Remanded to the Rockland County Jail in lieu of $50,000 cash, $100,000 bond, $150,000 partially secured bond and ordered to appear in Montebello Village Court on April 11, 2025, at 3:00 p.m.

It should be noted that a criminal complaint is merely an accusation, and a defendant is presumed innocent until proven guilty in a court of law.

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