Bobka makes another appeal to be released on bond
Rich Bobka, a former Sarasota real estate agent who has been held at the Pinellas County Jail since his arrest in June, has filed another motion to be released on bond. Drafted by his Tampa attorney, Kevin T. Beck, More...
Conditions are ripe for reprise of real estate schemes and fraud
The following was published in the Los Angeles Times on Dec. 18: Could today’s seductive conditions in the housing market —severely marked-down prices, record low interest rates and hundreds of thousands More...
SEC sues Top Execs at Frannie and Freddie
The Securities and Exchange Commission has charged six former executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud More...
FBI Estimates 80% of Mortgage Fraud Involved Industry Insiders
The FBI estimates that 80 percent of all mortgage fraud involves collaboration or collusion by industry insiders. This confirms what one of the country’s top fraud experts has said for years: that it was fraud More...
Matthew Landsman checks in to Tallahassee prison
Matthew Landsman, the nephew of David and Myrna Band, has checked into the Federal Correctional Institution (FCI) in Tallahassee – a low security facility housing female inmates with an adjacent detention More...
A fourth defendant wants to be tried separately from Adams and Bobka
Jeffrey Berghorn, one of the 15 defendants accused of conspiring in a decade-long flipping fraud scheme led by Craig Adams and Rich Bobka, has asked to be tried separately. Berghorn’s filing piggybacks on earlier More...
Bobka’s bother and sister-in-law also want to be tried separately
Piggybacking on Joel Streinz’s motion to be tried separately from other defendants in the Craig Adams-Rich Bobka flipping fraud trial, Bobka’s brother (George Cavallo) and sister-in-law (Paula Hornberger) More...
Bobka gives up on trying to defend himself
Three days after submitting another long and rambling request to be released from jail, former Sarasota real estate agent Rich Bobka abandoned his five-month quest to represent himself against federal flipping fraud More...