Saturday, September 3, 2016

US BASED NIGERIAN MORTGAGE BROKER AND WIFE JAILED FOR $5.8m FRAUD

Most Beautiful Girl In Nigeria 1992, Sandra Petgrave and her husband, George Chukwuka, have been sentenced to jail in the US for their roles in a $5.8 million mortgage fraud that spanned 5 years. Sandra and Chiedu have six children together.

Investigations by FBI showed that Chiedu led the fraud ring that operated from 2006 to 2011. Sandra was sentenced to one and a half years imprisonment while her husband was sentenced to 9 years in jail. Below is how FBI reported their sentencing..




"Chiedu “George” Chukwuka has been sentenced in connection with his lead role in a mortgage fraud ring that spanned five years and caused millions in losses. Chukwuka, along with his co-defendants and other co-conspirators, engaged in a massive property-flipping scheme resulting in over $5.8 million in actual losses to financial institutions between 2006 and 2011.
“At the height of the recent mortgage-fraud crisis, this property-flipping scheme caused scores of homes to fall into foreclosure, costing financial institutions millions of dollars in losses,” said U.S. Attorney John Horn. “Many communities in our district have been decimated by mortgage fraud during the last 15 years and even now struggle to recover from the effects of these schemes.”
“The sentencing of Mr. Chukwuka brings to a close a lengthy investigation and prosecution of a criminal enterprise that targeted the banking industry through their prolific mortgage fraud schemes. Mr. Chukwuka, considered by law enforcement and prosecution to be head of this enterprise, caused extensive damage with high loss amounts to those victim banks involved. The FBI is pleased with the role it played in bringing about this sentencing to federal prison of Mr. Chukwuka as well as the previous sentencings of his co-defendants in this matter,” said J. Britt Johnson, Special Agent in Charge, FBI Atlanta Field Office.


According to U.S. Horn, the charges and other information presented in court: Chukwuka, along with his co-defendants and co-conspirators, recruited straw buyers to purchase homes at a discounted price, typically a bank-owned or distressed property. The group then recruited a second straw buyer to purchase the same home at a dramatically inflated price. In turn, Chukwuka, his co-defendants and co-conspirators applied for an acquisition loan for the second straw buyer, supporting the loan application with false income, fake employment, and fraudulent net worth data.
The group profited from their scheme by pocketing the acquisition loan proceeds paid by the victim bank to the straw seller (who was the straw purchaser in the first transaction). The amount of profit was the difference between the price paid by the straw purchaser in the first transaction and the price paid by the straw purchaser in the second transaction, less transaction costs. Since none of the straw purchasers made any significant loan payments, the targeted properties usually went into foreclosure, resulting in over $5.8 million in actual losses to financial institutions between 2006 and 2011.
Chiedu “George” Chukwuka, 47, of Stone Mountain, Georgia, was sentenced by U.S. District Court Judge Timothy C. Batten, Sr. to serve nine years in prison to be followed by three years of supervised release, and ordered to pay restitution in the amount of $5,868,243.80. Chukwuka was convicted of conspiracy to commit wire fraud on August 10, 2015, after he pleaded guilty.
The following five defendants also pleaded guilty for their roles in the scheme, and were previously sentenced by U.S. District Court Judge Timothy C. Batten, Sr. as follows:
  • Shelly Gee, a/k/a Shelly Baker, 48, of Atlanta, Georgia, was sentenced on November 10, 2015, to one year, six months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $2,243,909.99. Gee was convicted after pleading guilty on June 17, 2015.
  • Sandra Petgrave, 43, of Stone Mountain, Georgia, was sentenced on December 4, 2015, to one year, six months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $1,051,970.77. Petgrave was convicted after pleading guilty on August 18, 2015.
  • Kennedy Simmonds, 54, of Snellville, Georgia, was sentenced on December 17, 2015, to three years, ten months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $5,868,243.80. Simmonds was convicted after pleading guilty on July 6, 2015.
  • Marcelle Welch, 37, of Stone Mountain, Georgia, was sentenced on December 17, 2015, to two years, three months in prison, followed by three years of supervised release, and ordered to pay restitution in the amount of $2,554,189.25. Welch was convicted after pleading guilty on July 29, 2015.
  • Leah Freeman, 43, of Atlanta, Georgia, was sentenced on December 17, 2015, to two years in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $1,828.532.94. Freeman was convicted after pleading guilty on June 19, 2015.

US BASED NIGERIAN MORTGAGE BROKER AND WIFE JAILED FOR $5.8m FRAUD

Most Beautiful Girl In Nigeria 1992, Sandra Petgrave and her husband, George Chukwuka, have been sentenced to jail in the US for their roles in a $5.8 million mortgage fraud that spanned 5 years. Sandra and Chiedu have six children together.

Investigations by FBI showed that Chiedu led the fraud ring that operated from 2006 to 2011. Sandra was sentenced to one and a half years imprisonment while her husband was sentenced to 9 years in jail. Below is how FBI reported their sentencing..



"Chiedu “George” Chukwuka has been sentenced in connection with his lead role in a mortgage fraud ring that spanned five years and caused millions in losses. Chukwuka, along with his co-defendants and other co-conspirators, engaged in a massive property-flipping scheme resulting in over $5.8 million in actual losses to financial institutions between 2006 and 2011.
“At the height of the recent mortgage-fraud crisis, this property-flipping scheme caused scores of homes to fall into foreclosure, costing financial institutions millions of dollars in losses,” said U.S. Attorney John Horn. “Many communities in our district have been decimated by mortgage fraud during the last 15 years and even now struggle to recover from the effects of these schemes.”
“The sentencing of Mr. Chukwuka brings to a close a lengthy investigation and prosecution of a criminal enterprise that targeted the banking industry through their prolific mortgage fraud schemes. Mr. Chukwuka, considered by law enforcement and prosecution to be head of this enterprise, caused extensive damage with high loss amounts to those victim banks involved. The FBI is pleased with the role it played in bringing about this sentencing to federal prison of Mr. Chukwuka as well as the previous sentencings of his co-defendants in this matter,” said J. Britt Johnson, Special Agent in Charge, FBI Atlanta Field Office.


According to U.S. Horn, the charges and other information presented in court: Chukwuka, along with his co-defendants and co-conspirators, recruited straw buyers to purchase homes at a discounted price, typically a bank-owned or distressed property. The group then recruited a second straw buyer to purchase the same home at a dramatically inflated price. In turn, Chukwuka, his co-defendants and co-conspirators applied for an acquisition loan for the second straw buyer, supporting the loan application with false income, fake employment, and fraudulent net worth data.
The group profited from their scheme by pocketing the acquisition loan proceeds paid by the victim bank to the straw seller (who was the straw purchaser in the first transaction). The amount of profit was the difference between the price paid by the straw purchaser in the first transaction and the price paid by the straw purchaser in the second transaction, less transaction costs. Since none of the straw purchasers made any significant loan payments, the targeted properties usually went into foreclosure, resulting in over $5.8 million in actual losses to financial institutions between 2006 and 2011.
Chiedu “George” Chukwuka, 47, of Stone Mountain, Georgia, was sentenced by U.S. District Court Judge Timothy C. Batten, Sr. to serve nine years in prison to be followed by three years of supervised release, and ordered to pay restitution in the amount of $5,868,243.80. Chukwuka was convicted of conspiracy to commit wire fraud on August 10, 2015, after he pleaded guilty.
The following five defendants also pleaded guilty for their roles in the scheme, and were previously sentenced by U.S. District Court Judge Timothy C. Batten, Sr. as follows:
  • Shelly Gee, a/k/a Shelly Baker, 48, of Atlanta, Georgia, was sentenced on November 10, 2015, to one year, six months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $2,243,909.99. Gee was convicted after pleading guilty on June 17, 2015.
  • Sandra Petgrave, 43, of Stone Mountain, Georgia, was sentenced on December 4, 2015, to one year, six months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $1,051,970.77. Petgrave was convicted after pleading guilty on August 18, 2015.
  • Kennedy Simmonds, 54, of Snellville, Georgia, was sentenced on December 17, 2015, to three years, ten months in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $5,868,243.80. Simmonds was convicted after pleading guilty on July 6, 2015.
  • Marcelle Welch, 37, of Stone Mountain, Georgia, was sentenced on December 17, 2015, to two years, three months in prison, followed by three years of supervised release, and ordered to pay restitution in the amount of $2,554,189.25. Welch was convicted after pleading guilty on July 29, 2015.
  • Leah Freeman, 43, of Atlanta, Georgia, was sentenced on December 17, 2015, to two years in prison, to be followed by three years of supervised release, and ordered to pay restitution in the amount of $1,828.532.94. Freeman was convicted after pleading guilty on June 19, 2015.

Tuesday, October 15, 2013

Somali Suicide bombers Die In Failed Plot At Super Eagles Match In Ethiopia


  • Two Somali suicide bombers who had planned to kill football fans during Ethiopia’s World Cup qualifying match against Nigeria on Sunday blew themselves up accidentally before carrying out the attack, the Ethiopian government said on Monday.
The explosion on Sunday happened in the upscale Bole district of the capital, about 5 km (3 miles) from Addis Ababa Stadium where thousands of fans were gathering for the match.
“They were Somali nationals and plotted to carry out a suicide attack disguised as fans on either the stadium or areas where large crowds gathered to watch the game,” government spokesman Shimeles Kemal said.
Explosives, arms, hand grenades and football shirts were found at the scene of the blast, at a residential address an hour before kick-off, Shimeles said. Three suspects were detained. The Bole district has a small Somali refugee community.
“Heavy police presence must have caused their nervousness and state of agitation which led to the detonation that caused their own death,” Shimeles said.
There was no immediate claim of responsibility.
Somalia’s al Shabaab Islamist rebels have vowed to exact revenge on Ethiopia for sending troops to Somalia to fight the al Qaeda-linked militants, alongside African Union forces from Uganda, Burundi and Kenya.
Ethiopia says it has thwarted attacks over the past two years which it has blamed on domestic rebel groups as well as the Somali insurgents.
However, it has so far been spared the sorts of attacks carried out in nearby countries – such as the siege at the Nairobi mall last month and an attack on football fans in Uganda in 2010.

Sunday, June 2, 2013

Nigerian Footballer John Utaka weds in France


The Super Eagles striker got married this weekend in France. Kanu Nwankwo and his wife pictured with the newly married couple in the right photo.

Friday, May 31, 2013

Nigerian Conman Files for Bankruptcy in US Court after Duping Several Nigerians** Video + Audio

http://www.bankruptreport.com/ga/buford/ngenegbo-chukwuemeka-emeka

http://www.bankruptreport.com/N/3

Bankrupt Report

 11-85702-jb  7
   
 Chukwuemeka Emeka Ngenegbo
 2795 Wyndham Park Dr BufordGA 30519 
 
 
Bankruptcy Filed


FROM THIS TO THAT ...AUDIO  BANKRUPT NGENEGBO IN COURT
MP3 
Click on the MP3 above to LISTEN TO LIVE AUDIO OF HOW OBA NGENEGBO PLEADED FOR BANKRUPTCY IN U.S.A




When the going was good, there was dollars all over the place , but alas it was the hard earned money of  other Nigerians that got duped mostly family and friends!

This is a Nigerian man based in Atlanta , Georgia who has been duping fellow Nigerians for many years in business under false pretenses aka 419 until a crack team of Nigerians took him to court and won , now he has sold  all his property and luxury cars has been seized , all his women have deserted him , and now he has filed bankruptcy like a poor church rat.  Law of Karma exists, be careful what you do to people.

pixel CONMAN OBA RICHMOND NGENEGBO  BASED IN ATLANTA HAS FILED BANKRUPTCY


Justia Federal District Court Opinions

THE LAW SUIT HOLDEN 
AT GWINNETT
STATE COURT
    
isiofia, beatrice    -  Plaintiff Pro Se
Disposition:order
Address:1126 e 58th street
brooklyn, NY 11234
    ngenegbo, richmond chukwuemeka    -  Defendant
Disposition:order
  
  Documents ( Top )Document images may be obtained at the court house

  • 03/02/2009 - certificate of clerk
  • 03/02/2009 - notice-filing of foreign judgment
  • 05/07/2009 - order - enforcement of foreign judgment
  • 06/01/2009 - gen civil case disposition info fr



ISIOFIA VS NGENEGBO  Last Updated on Nov 11 2010 3:18AM
Case | Scheduled Events | Parties | Attorneys | Charges and Sentences | Disbursements | Documents | Collapse All | Expand All
  Case Information ( Top )
Case Number:09-A-01825-8Case Date:Thursday, February 26, 2009
Case Type:SUPERIOR COURT GENERAL CIVILCase Category:UNIFORM FOREIGN JMT ACTN -GEN CIVL
Case Description:Disposition Date:Thursday, May 07, 2009
Disposition:ORDERDisposition Manner:
Jury Trial Demand:Filing Type:Complaint
Official:judge r. timothy hamil:
  Party Information ( Top )
    
isiofia, beatrice    -  Plaintiff Pro Se
Disposition:order
Address:1126 e 58th street
brooklyn, NY 11234

My name is Betty  Nneka Isofia , I am a nurse from
 New Jersey, I had worked many years in New york 
holding down 2 jobs . I planned to return  home after
 a few years. I decided to make some investments here 
before I left . I was introduced to a real estate mogul in
 Atlanta by name Chief Oba  Richmond Ngenegbo aka 
the Milloniare. We noe know goes by several names
 including Tony Mekazza, African Prince, Ngenegro etc .

While he changes Company names frequently , he 
uses Infintity Investment, Oceanic investments, Mekaza
 Oil Company etc.Well I decided to invest in real estate 
in  Atlanta and Houston. The so call real estate mogul 
set up several meetings with loan officers, appraisers 
etc, all looked real , but it was all a hoax as I finally came
 to find out. I then left  only for me to find out that my
 information had been used to process and purchase 
houses using my social security no, and forged 
signature. I didnt know until I was turned down 
at a car dealer and a shop a few months later.
I then called for my credit only to see that 
I owned 3 houses without my knowledge, 
on close check I found that the equity had
 been sucked up and the houses abandoned and
 heading for foreclosure. I traced it to this man and
 all his phones had been disconnected .  
I hired a Private investigator  only to find that he
 had moved three  times in six  months. I called my
 female nurse colleagues that I introduced to him and
 they had all suffered the same or similar. We have all 
flown to Atlanta to file a law suit against this man, who
 happens to prey on women, friends , family and indeed
 mostly unsuspecting Nigerians.
We have just found out that he had served for same 

offense before hence we are seeking to alert others
 before the fall victim.
All the information is accurate and factual , 

if you google his name you will see more crimes on
 Nigerians in America by this wicked man. Please
 alert your community or forum to help stop this 
scammer before he strikes on the next victim who 
may be your relative.

Thanks for the help..
Fallen victim trying to save you from my misfortune.





 Georgia Trial Reporter

Originally published in The Georgia Trial Reporter (157866)
Gwinnett County:
JUDGMENT DELIVERED BY :
JUDGE RANDY RICH
STATE COURT OF GWINNETT COUNTY
DEFENDANTS:
CHUKWUEMEKA NGENEGBO aka
RICHMOND NGENEGBO
INFINITY INVESTMENT GROUP LLC
http://www.jvra.com/shopping/PremiumAccess.aspx

Verdict: $825,000 against Richmond Ngenegbo on Mortgage fraud. .


Breakdown: $300,000__ for fraudulent inducement; $400,000___ i

n punitive damages; and $125,000 in attorney fees) against Defendant ,


Chukwuemeka Ngenegbo and  against Defendant Infinity Investments


Group for breach of contract. Defense verdicts were entered on


defendants' counterclaims. - Fraud Claim Results in Punitive


Damages Award

Originally published in The Georgia Trial Reporter (157866




ISIOFIA VS NGENEGBOLast Updated on Nov 11 2010 3:18AM
Case | Scheduled Events | Parties | Attorneys | Charges and Sentences | Disbursements | Documents | Collapse All | Expand All

  Case Information ( Top )

Case Number:09-A-01825-8Case Date:Thursday, February 26, 2009
Case Type:SUPERIOR COURT GENERAL CIVILCase Category:UNIFORM FOREIGN JMT ACTN -


GEN CIVL
Case Description:Disposition Date:Thursday, May 07, 2009
Disposition:ORDERDisposition Manner:
Jury Trial Demand:Filing Type:Complaint
Official:judge r. timothy hamil:
  
  Party Information ( Top )
    
isiofia, beatrice    -  Plaintiff Pro Se 
Disposition:order
Address:1126 e 58th street
brooklyn, NY 11234
    ngenegbo, richmond chukwuemeka    -  Defendant
Disposition:order
  
  Documents ( Top )Document images may be obtained at the court house

  • 03/02/2009 - certificate of clerk
  • 03/02/2009 - notice-filing of foreign judgment
  • 05/07/2009 - order - enforcement of foreign judgment
  • 06/01/2009 - gen civil case disposition info fr



ISIOFIA VS NGENEGBOLast Updated on Nov 11 2010 3:18AM
Case | Scheduled Events | Parties | Attorneys | Charges and Sentences | Disbursements | Documents | Collapse All | Expand All
  Case Information ( Top )
Case Number:09-A-01825-8Case Date:Thursday, February 26, 2009
Case Type:SUPERIOR COURT GENERAL CIVILCase Category:UNIFORM FOREIGN JMT ACTN -GEN CIVL
Case Description:Disposition Date:Thursday, May 07, 2009
Disposition:ORDERDisposition Manner:
Jury Trial Demand:Filing Type:Complaint
Official:judge r. timothy hamil:
  Party Information ( Top )
    
isiofia, beatrice    -  Plaintiff Pro Se
Disposition:order
Address:1126 e 58th street
brooklyn, NY 11234
    ngenegbo, richmond chukwuemeka    -  Defendant
Disposition:order
  Documents ( Top )Document images may be obtained at the court house

  • 03/02/2009 - certificate of clerk
  • 03/02/2009 - notice-filing of foreign judgment
  • 05/07/2009 - order - enforcement of foreign judgment
  • 06/01/2009 - gen civil case disposition info from
 SEE MORE OF HIS CRAZINESS HERE