Articles

FBI raids Orange City Hall in ongoing fraud investigation

ORANGE -- FBI agents raided Orange City Hall on Wednesday morning and the building was shut down as the investigation into alleged fraud and money laundering continues to unfold.

A sign on the front door said the building would be closed temporarily "due to unforeseen circumstances." A federal agent was guarding the doorway and would not let reporters enter the building.

"This morning, a search warrant executed by the FBI in the City of Orange Township," city spokesman Keith Royster said in a statement to NJ Advance Media. "City Hall is closed Wednesday, but will be open tomorrow morning, January 12 at 8:30 a.m. The City is cooperating with authorities."

Royster said Mayor Dwayne Warren closed city hall "in order to give the authorities unfettered access to the building.

The FBI and IRS confirmed the agencies are conducting official business at city hall, but would not provide any further details. Agents from the federal Department of Housing and Urban Development's Office of Inspector General were also seen at city hall Wednesday.

An official was seen taking photographs of the municipal building's exterior.

At least four unmarked federal law enforcement vehicles were in the city hall employee parking lot. It was not immediately clear what documents the agents were seeking... Read More
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We strive to be Georgia’s preeminent source for information and education about fraud, quality control and compliance between industry professionals and residential communities in real estate and residential financial transactions. We Lead The Cause.  We Do It Right.  We Are One.
Join Us For Our Annual Conference March 7, 2017. More details and Registration at www.grefpac.org
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From time to time GREFPAC may share information with its members, for informational or educational purposes, of which GREFPAC is not the originating source.  In such instances, the information shared may include links or references to other websites, organizations, programs, or entities.  Inclusion of such links or references by GREFPAC does not constitute an endorsement by GREFPAC. 

“The Election and Potential Impact to the Regulatory & Compliance Landscape and Fraud”

AMLG and GREFPAC to Jointly Host a Complimentary Webinar on “The Election and Potential Impact to the Regulatory & Compliance Landscape and Fraud”

Date:  Wednesday, January 18, 2017
Time:  11:00 a.m. PST/ 2:00 p.m. EST

This complimentary webinar co-hosted by American Mortgage Law Group, P.C., (AMLG) and by the Georgia Real Estate Fraud Prevention and Awareness Coalition (GREFPAC) will focus on the potential impact a Trump presidency and a Republican Congress will have on the residential mortgage industry, particularly as it relates to the regulatory and compliance landscape.  The webinar will include a discussion of the following topics:

  • Potential Deregulation of the mortgage industry, including a potential rollback of onerous regulations;

  • Having an experienced, billionaire business and real estate mogul at the helm;

  • Potential replacement of Dodd-Frank, as the President Elect has pledged to do;

  • Potential impact on the CFPB’s structure and purpose;

  • Impact of the PHH decision, which found that the fact that the CFPB is headed by a single director who can only be dismissed for cause is unconstitutional;

  • What is the potential impact on your business in 2017?

  • A growing economy and possibility of a significant increase in home purchases;

  • Possible loosening of credit standards and freeing up of credit constraints;

  • Will we see a return of riskier lending and fraud?

  •  Impact on lender’s compliance needs;

  •  Impact on repurchase litigation.

 
Please register for AMLG and GREFPAC to Host Webinar : “The Election and Potential Impact to the Regulatory & Compliance Landscape and Fraud” on January 18, 2017 11:00 AM PST at:

https://attendee.gotowebinar.com/register/7890022153588487170

After registering, you will receive a confirmation email containing information about joining the webinar.


We strive to be Georgia’s preeminent source for information and education about fraud, quality control and compliance between industry professionals and residential communities in real estate and residential financial transactions. We Lead The Cause.  We Do It Right.  We Are One.
Join Us For Our Annual Conference March 7, 2017. More details and Registration at www.grefpac.org
_______________________________


American Mortgage Law Group, P.C.

75 Rowland Way Suite 350, Novato, CA 94945
P: (415) 878-0030 x156 F: (415) 878-0035

From time to time GREFPAC may share information with its members, for informational or educational purposes, of which GREFPAC is not the originating source.  In such instances, the information shared may include links or references to other websites, organizations, programs, or entities.  Inclusion of such links or references by GREFPAC does not constitute an endorsement by GREFPAC.