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Cleveland, Ohio Mortgage Fraud Defense Attorney

The Law Offices of Craig Weintraub has over twenty years of experience in defending mortgage fraud charges. We also have experience in defending fraud in the health care, securities, banking industries. Call us if you were charged with mortgage fraud, embezzlement, corruption or bribery.



If you or your company is charged with fraud or mortgage fraud we have the experience to help you. Federal and state prosecutions are on the rise and government officials examine if there is a misrepresentation of the truth or concealment of a material fact in a mortgage application to induce another to approve the granting of a mortgage. In June 2008, the FBI stated that its mortgage fraud caseload has doubled in the past three years to more than 1,400 pending cases. Mortgage fraud also refers to fraudulent schemes pertaining to residential mortgages.

Recent Case

41 people indicted in $44 million Cuyahoga County mortgage-fraud scheme. August 26, 2009 Cleveland Mortgage Fraud


Mortgage Fraud in Cleveland, Ohio is on the rise

Occupancy fraud- This occurs where the borrower wishes to obtain a mortgage to acquire an investment property, but states on the loan application that the borrower will occupy the property as the primary residence or as a second home. If undetected, the borrower typically obtains a lower interest rate than was warranted.

Income fraud-This occurs when a borrower overstates his/her income in order to qualify for a mortgage or for a larger loan amount.

Employment fraud-This occurs when a borrower claims self-employment in a non-existent company or claims a higher position (e.g., manager) in a real company, in order to provide justification for a fraudulent representation of the borrower's income.

Failure to disclose liabilities-Borrowers may conceal obligations, such as mortgage loans on other properties or newly acquired credit card debt, in order to reduce the amount of monthly debt declared on the loan application. This omission of liabilities artificially lowers the debt-to-income ratio

Fraud for profit-A complex scheme involving multiple parties, including mortgage lending professionals, in a financially motivated attempt to defraud the lender of large sums of money

Cash-Back Schemes-Occurs where the true price of a property is illegally inflated in order to provide cash-back to transaction participants, most often the borrowers, who receive a "rebate" which is not disclosed to the lender. As a result the lender lends too much

Appraisal fraud-Occurs when a home's appraised value is deliberately overstated or understated.

Recent Results

  • Purchaser of 10 homes and involved in complicated scheme to defraud lenders of over $1 million served only 30 days in jail.

  • Mortgage broker indicted for alleged fraud of over $5 million. The case was dismissed after nine months of challenging the charges.

Our History with the Northeast, Ohio Judicial System

The Law Offices of Craig Weintraub has a twenty year history of daily interactions and working relationships with judges and federal and state prosecutors in the Cleveland, Ohio. These long standing relationships coupled with an outstanding reputation have helped us develop a level of mutual respect and credibility which translates into encourages fair treatment of our clients.

Contact Us

If you are facing mortgage fraud charges and want to be represented by a skilled and experienced attorney call us at 216-896-9090 for a free initial consultation.

323 West Lakeside Ave., Suite 450 Cleveland, Ohio 44113 - (216)896-9090




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