Owner of First Premeir Funding and its employees are apart of a former fraud scheme they are continued business in investor relationship after all having been convicted of fraud scheme charges for stealing monie from investors and public. THey are considered to be apart of many defrauding schemes in the past and are currently stealing more and using this as a means for their operations. John Dicanio is managing partner and as your read below he and the other members of his operations are all not allowed to be in the financial business however, they are running a operation in finance.
17 Charged in $20M Mortgage Fraud Case
by Rashed Mian on March 17, 2011
District Attorney Kathleen Rice
Nassau County District Attorney Kathleen Rice
Seventeen people have been rounded up in connection with an alleged $20 million mortgage fraud scheme in Nassau County—the largest in its history—which authorities say ripped off homeowners, banks and county taxpayers.
Two Westbury men accused of being the ringleaders in the five-year scheme are facing more than 108 charges along with 15 other suspects after they duped homeowners whose houses were for sale or in foreclosure, prosecutors said Wednesday.
Members of the “Sweet Deal” Ring—mortgage brokers, real estate brokers, bank employees, attorneys, an appraiser, a financial consultant and a United States Postal Service worker—face charges including enterprise corruption, larceny, money laundering, identity theft and conspiracy.
“We have all seen the financial devastation caused by the collapse of the housing bubble,” District Attorney Kathleen Rice said at a news conference in Mineola. “We have seen families put out on the street, houses boarded-up and entire neighborhoods reduced to virtual ghost towns.
Click here for mug shots of accused “Sweet Deal” members
“And if those struggles aren’t bad enough, here are two men James Robert Sweet and Dwayne Benjamin, doing whatever is necessary to destroy even more lives purely for their own financial benefit.”
Sweet, 43, and Benjamin, 44—the alleged ringleaders—negotiated with sellers to purchase properties at a higher price than the seller was asking for, Rice said. They would then arrange to keep the difference between what the bank lent and the seller’s price.
Dwayne Benjamin, allegedly one of the ringleaders in the case
In one case, the ring purchased the same house twice in three weeks, taking out two $390,000 mortgages. They kept the proceeds from the second mortgage, walking away with more than $361,000 in total, Rice said.
“They realized they can make more money,” Rice said and that’s when the ring began stealing identities to sell and buy homes.
“Sweet Deal” members would impersonate the seller, buyer and legal representatives and set up fake closings, using fake identities to secure mortgages and sell homes. They allegedly kept the proceeds and let the house go into foreclosure.
The ring, Rice said, made millions of dollars in mortgage proceeds from the sale of at least six Westbury homes.
“Those who had their identity stolen,” Rice said, “found that their homes had been stolen out from under them, or saw their credit rating ruined by foreclosure on a home they didn’t know they owned.”
Sweet and his alleged co-conspirators also stole $80,000 from taxpayers in a scheme involving Nassau County’s Section 18 Housing Program, Rice said.
Sweet and Benjamin both face up to 25 years if convicted.
Two bank employees, Sonia Panameno, 29, who works for Washington Mutual and Roxanna Calero, 33, of Bank of America, allegedly provided fake documents, and face up to four years if convicted.
Other members charged in connection with the alleged fraud ring include: Attorneys Larinzo Clayton, 45, of Westbury, and Ethan Serlin, 40, of Dix Hills; Alleged straw buyers James Grant, 35, of Brooklyn, and Allen Woods, 35, of Hempstead; Mortgage originators John DiCanio, 37, of Islip Terrace, Carlos Irizarry, 34, of Long Beach, and Sophia Welsh, 43, of West Babylon; An appraiser, Radamex Velasquez, 34, of Valley Stream; A tax preparer Lyshaan Hall, 33, of Brooklyn; A real estate broker, Stephanie Watkins, 36, of Amityville; A high-end car dealer, Alfred Gray, 44, New Jersey; Yves Mathieu, 45, of Elmont, who allegedly provided fake documents for identity theft; and Vertus Vielot, 35, of Baldwin, who allegedly impersonated a seller.
This place is easily the WORST scam going out there!! I have never dealt with a bigger bunch of con artists and liars in my entire life! I went to them to try to get financing for my business which has turned out to be one of the biggest mistakes I have EVER MADE!! In the beginning they are very very smooth talking and seem very nice and they have a way of making you feel very comfotable with them - but dont be fooled because this is all just part of the con! I started dealing with them because I fell for their lines and their slick talk.
It took about 3 weeks of being given the run around but finally they told me they had a program for me to get me the capital I needed to grow my business like I wanted. They laid out a daily repayment loan program for me which I found reasonable and I told them I would take it. I was emailed a closing package to sign within a day or so and everything seemed ok. The payments and loan amount they promised were there in black and white, so I signed everything and sent it back. In 24 hours I had the money deposited in my account. Eveything seemed fine.
After I got the money I knew the lender was going to start taking daily withdrawals as i agreed to. The daily repayment that I signed for $245 per day 5 days a week. Because I signed the paper work I never thought to check the bank account right away. That was a huge mistake! When I checked my account 4 days after the started withdrawing? I found out they were taking $565 a day! This was $320 more than I agreed to and signed for!
I immediately called the crooks at first premier back and was told "there must have been a clerical error, well get back to you"..Getting back to me apparently meant not taking or returning my calls for the next week!! I couldn't even believe this was happening. I finally got on the phone with the lender they paired me with and I was told that according to what I signed the paperwork stated a $565 payment per day!! I told them expressly that this was not what I signed,abd I had t go back and forth with them for two days - only to find out that the paperwork that I signed was not the paperwork they got!!
I've had to now shut down my bank account to deal with this disaster and stop paying this lender until my lawyer can sort this all out, and now I have this lender threatening to sue me and my business!
Dealing with this company has been an ABSOLUTE NIGHTMARE FOR MY BUSINESS AND IN MY LIFE!! They are liars and theives and I cannot even believe they are in business!! I now hve had to hire a lawyer and I have to go the attorney general and go through even more aggravation over this. All I can say is STAY AWAY FROM THESE PEOPLE FOR YOUR OWN GOOD!! DONT BE THE NEXT VICTIM!
Owner of First Premeir Funding and its employees are apart of a former fraud scheme they are continued business in investor relationship after all having been convicted of fraud scheme charges for stealing monie from investors and public. THey are considered to be apart of many defrauding schemes in the past and are currently stealing more and using this as a means for their operations. John Dicanio is managing partner and as your read below he and the other members of his operations are all not allowed to be in the financial business however, they are running a operation in finance.
17 Charged in $20M Mortgage Fraud Case
by Rashed Mian on March 17, 2011
District Attorney Kathleen Rice
Nassau County District Attorney Kathleen Rice
Seventeen people have been rounded up in connection with an alleged $20 million mortgage fraud scheme in Nassau County—the largest in its history—which authorities say ripped off homeowners, banks and county taxpayers.
Two Westbury men accused of being the ringleaders in the five-year scheme are facing more than 108 charges along with 15 other suspects after they duped homeowners whose houses were for sale or in foreclosure, prosecutors said Wednesday.
Members of the “Sweet Deal” Ring—mortgage brokers, real estate brokers, bank employees, attorneys, an appraiser, a financial consultant and a United States Postal Service worker—face charges including enterprise corruption, larceny, money laundering, identity theft and conspiracy.
“We have all seen the financial devastation caused by the collapse of the housing bubble,” District Attorney Kathleen Rice said at a news conference in Mineola. “We have seen families put out on the street, houses boarded-up and entire neighborhoods reduced to virtual ghost towns.
Click here for mug shots of accused “Sweet Deal” members
“And if those struggles aren’t bad enough, here are two men James Robert Sweet and Dwayne Benjamin, doing whatever is necessary to destroy even more lives purely for their own financial benefit.”
Sweet, 43, and Benjamin, 44—the alleged ringleaders—negotiated with sellers to purchase properties at a higher price than the seller was asking for, Rice said. They would then arrange to keep the difference between what the bank lent and the seller’s price.
Dwayne Benjamin, allegedly one of the ringleaders in the case
In one case, the ring purchased the same house twice in three weeks, taking out two $390,000 mortgages. They kept the proceeds from the second mortgage, walking away with more than $361,000 in total, Rice said.
“They realized they can make more money,” Rice said and that’s when the ring began stealing identities to sell and buy homes.
“Sweet Deal” members would impersonate the seller, buyer and legal representatives and set up fake closings, using fake identities to secure mortgages and sell homes. They allegedly kept the proceeds and let the house go into foreclosure.
The ring, Rice said, made millions of dollars in mortgage proceeds from the sale of at least six Westbury homes.
“Those who had their identity stolen,” Rice said, “found that their homes had been stolen out from under them, or saw their credit rating ruined by foreclosure on a home they didn’t know they owned.”
Sweet and his alleged co-conspirators also stole $80,000 from taxpayers in a scheme involving Nassau County’s Section 18 Housing Program, Rice said.
Sweet and Benjamin both face up to 25 years if convicted.
Two bank employees, Sonia Panameno, 29, who works for Washington Mutual and Roxanna Calero, 33, of Bank of America, allegedly provided fake documents, and face up to four years if convicted.
Other members charged in connection with the alleged fraud ring include: Attorneys Larinzo Clayton, 45, of Westbury, and Ethan Serlin, 40, of Dix Hills; Alleged straw buyers James Grant, 35, of Brooklyn, and Allen Woods, 35, of Hempstead; Mortgage originators John DiCanio, 37, of Islip Terrace, Carlos Irizarry, 34, of Long Beach, and Sophia Welsh, 43, of West Babylon; An appraiser, Radamex Velasquez, 34, of Valley Stream; A tax preparer Lyshaan Hall, 33, of Brooklyn; A real estate broker, Stephanie Watkins, 36, of Amityville; A high-end car dealer, Alfred Gray, 44, New Jersey; Yves Mathieu, 45, of Elmont, who allegedly provided fake documents for identity theft; and Vertus Vielot, 35, of Baldwin, who allegedly impersonated a seller.
First Premier Funding LLC. Reviews
Owner of First Premeir Funding and its employees are apart of a former fraud scheme they are continued business in investor relationship after all having been convicted of fraud scheme charges for stealing monie from investors and public. THey are considered to be apart of many defrauding schemes in the past and are currently stealing more and using this as a means for their operations. John Dicanio is managing partner and as your read below he and the other members of his operations are all not allowed to be in the financial business however, they are running a operation in finance.
17 Charged in $20M Mortgage Fraud Case
by Rashed Mian on March 17, 2011
District Attorney Kathleen Rice
Nassau County District Attorney Kathleen Rice
Seventeen people have been rounded up in connection with an alleged $20 million mortgage fraud scheme in Nassau County—the largest in its history—which authorities say ripped off homeowners, banks and county taxpayers.
Two Westbury men accused of being the ringleaders in the five-year scheme are facing more than 108 charges along with 15 other suspects after they duped homeowners whose houses were for sale or in foreclosure, prosecutors said Wednesday.
Members of the “Sweet Deal” Ring—mortgage brokers, real estate brokers, bank employees, attorneys, an appraiser, a financial consultant and a United States Postal Service worker—face charges including enterprise corruption, larceny, money laundering, identity theft and conspiracy.
“We have all seen the financial devastation caused by the collapse of the housing bubble,” District Attorney Kathleen Rice said at a news conference in Mineola. “We have seen families put out on the street, houses boarded-up and entire neighborhoods reduced to virtual ghost towns.
Click here for mug shots of accused “Sweet Deal” members
“And if those struggles aren’t bad enough, here are two men James Robert Sweet and Dwayne Benjamin, doing whatever is necessary to destroy even more lives purely for their own financial benefit.”
Sweet, 43, and Benjamin, 44—the alleged ringleaders—negotiated with sellers to purchase properties at a higher price than the seller was asking for, Rice said. They would then arrange to keep the difference between what the bank lent and the seller’s price.
Dwayne Benjamin, allegedly one of the ringleaders in the case
In one case, the ring purchased the same house twice in three weeks, taking out two $390,000 mortgages. They kept the proceeds from the second mortgage, walking away with more than $361,000 in total, Rice said.
“They realized they can make more money,” Rice said and that’s when the ring began stealing identities to sell and buy homes.
“Sweet Deal” members would impersonate the seller, buyer and legal representatives and set up fake closings, using fake identities to secure mortgages and sell homes. They allegedly kept the proceeds and let the house go into foreclosure.
The ring, Rice said, made millions of dollars in mortgage proceeds from the sale of at least six Westbury homes.
“Those who had their identity stolen,” Rice said, “found that their homes had been stolen out from under them, or saw their credit rating ruined by foreclosure on a home they didn’t know they owned.”
Sweet and his alleged co-conspirators also stole $80,000 from taxpayers in a scheme involving Nassau County’s Section 18 Housing Program, Rice said.
Sweet and Benjamin both face up to 25 years if convicted.
Two bank employees, Sonia Panameno, 29, who works for Washington Mutual and Roxanna Calero, 33, of Bank of America, allegedly provided fake documents, and face up to four years if convicted.
Other members charged in connection with the alleged fraud ring include: Attorneys Larinzo Clayton, 45, of Westbury, and Ethan Serlin, 40, of Dix Hills; Alleged straw buyers James Grant, 35, of Brooklyn, and Allen Woods, 35, of Hempstead; Mortgage originators John DiCanio, 37, of Islip Terrace, Carlos Irizarry, 34, of Long Beach, and Sophia Welsh, 43, of West Babylon; An appraiser, Radamex Velasquez, 34, of Valley Stream; A tax preparer Lyshaan Hall, 33, of Brooklyn; A real estate broker, Stephanie Watkins, 36, of Amityville; A high-end car dealer, Alfred Gray, 44, New Jersey; Yves Mathieu, 45, of Elmont, who allegedly provided fake documents for identity theft; and Vertus Vielot, 35, of Baldwin, who allegedly impersonated a seller.
This place is easily the WORST scam going out there!! I have never dealt with a bigger bunch of con artists and liars in my entire life! I went to them to try to get financing for my business which has turned out to be one of the biggest mistakes I have EVER MADE!! In the beginning they are very very smooth talking and seem very nice and they have a way of making you feel very comfotable with them - but dont be fooled because this is all just part of the con! I started dealing with them because I fell for their lines and their slick talk.
It took about 3 weeks of being given the run around but finally they told me they had a program for me to get me the capital I needed to grow my business like I wanted. They laid out a daily repayment loan program for me which I found reasonable and I told them I would take it. I was emailed a closing package to sign within a day or so and everything seemed ok. The payments and loan amount they promised were there in black and white, so I signed everything and sent it back. In 24 hours I had the money deposited in my account. Eveything seemed fine.
After I got the money I knew the lender was going to start taking daily withdrawals as i agreed to. The daily repayment that I signed for $245 per day 5 days a week. Because I signed the paper work I never thought to check the bank account right away. That was a huge mistake! When I checked my account 4 days after the started withdrawing? I found out they were taking $565 a day! This was $320 more than I agreed to and signed for!
I immediately called the crooks at first premier back and was told "there must have been a clerical error, well get back to you"..Getting back to me apparently meant not taking or returning my calls for the next week!! I couldn't even believe this was happening. I finally got on the phone with the lender they paired me with and I was told that according to what I signed the paperwork stated a $565 payment per day!! I told them expressly that this was not what I signed,abd I had t go back and forth with them for two days - only to find out that the paperwork that I signed was not the paperwork they got!!
I've had to now shut down my bank account to deal with this disaster and stop paying this lender until my lawyer can sort this all out, and now I have this lender threatening to sue me and my business!
Dealing with this company has been an ABSOLUTE NIGHTMARE FOR MY BUSINESS AND IN MY LIFE!! They are liars and theives and I cannot even believe they are in business!! I now hve had to hire a lawyer and I have to go the attorney general and go through even more aggravation over this. All I can say is STAY AWAY FROM THESE PEOPLE FOR YOUR OWN GOOD!! DONT BE THE NEXT VICTIM!
Owner of First Premeir Funding and its employees are apart of a former fraud scheme they are continued business in investor relationship after all having been convicted of fraud scheme charges for stealing monie from investors and public. THey are considered to be apart of many defrauding schemes in the past and are currently stealing more and using this as a means for their operations. John Dicanio is managing partner and as your read below he and the other members of his operations are all not allowed to be in the financial business however, they are running a operation in finance.
17 Charged in $20M Mortgage Fraud Case
by Rashed Mian on March 17, 2011
District Attorney Kathleen Rice
Nassau County District Attorney Kathleen Rice
Seventeen people have been rounded up in connection with an alleged $20 million mortgage fraud scheme in Nassau County—the largest in its history—which authorities say ripped off homeowners, banks and county taxpayers.
Two Westbury men accused of being the ringleaders in the five-year scheme are facing more than 108 charges along with 15 other suspects after they duped homeowners whose houses were for sale or in foreclosure, prosecutors said Wednesday.
Members of the “Sweet Deal” Ring—mortgage brokers, real estate brokers, bank employees, attorneys, an appraiser, a financial consultant and a United States Postal Service worker—face charges including enterprise corruption, larceny, money laundering, identity theft and conspiracy.
“We have all seen the financial devastation caused by the collapse of the housing bubble,” District Attorney Kathleen Rice said at a news conference in Mineola. “We have seen families put out on the street, houses boarded-up and entire neighborhoods reduced to virtual ghost towns.
Click here for mug shots of accused “Sweet Deal” members
“And if those struggles aren’t bad enough, here are two men James Robert Sweet and Dwayne Benjamin, doing whatever is necessary to destroy even more lives purely for their own financial benefit.”
Sweet, 43, and Benjamin, 44—the alleged ringleaders—negotiated with sellers to purchase properties at a higher price than the seller was asking for, Rice said. They would then arrange to keep the difference between what the bank lent and the seller’s price.
Dwayne Benjamin, allegedly one of the ringleaders in the case
In one case, the ring purchased the same house twice in three weeks, taking out two $390,000 mortgages. They kept the proceeds from the second mortgage, walking away with more than $361,000 in total, Rice said.
“They realized they can make more money,” Rice said and that’s when the ring began stealing identities to sell and buy homes.
“Sweet Deal” members would impersonate the seller, buyer and legal representatives and set up fake closings, using fake identities to secure mortgages and sell homes. They allegedly kept the proceeds and let the house go into foreclosure.
The ring, Rice said, made millions of dollars in mortgage proceeds from the sale of at least six Westbury homes.
“Those who had their identity stolen,” Rice said, “found that their homes had been stolen out from under them, or saw their credit rating ruined by foreclosure on a home they didn’t know they owned.”
Sweet and his alleged co-conspirators also stole $80,000 from taxpayers in a scheme involving Nassau County’s Section 18 Housing Program, Rice said.
Sweet and Benjamin both face up to 25 years if convicted.
Two bank employees, Sonia Panameno, 29, who works for Washington Mutual and Roxanna Calero, 33, of Bank of America, allegedly provided fake documents, and face up to four years if convicted.
Other members charged in connection with the alleged fraud ring include: Attorneys Larinzo Clayton, 45, of Westbury, and Ethan Serlin, 40, of Dix Hills; Alleged straw buyers James Grant, 35, of Brooklyn, and Allen Woods, 35, of Hempstead; Mortgage originators John DiCanio, 37, of Islip Terrace, Carlos Irizarry, 34, of Long Beach, and Sophia Welsh, 43, of West Babylon; An appraiser, Radamex Velasquez, 34, of Valley Stream; A tax preparer Lyshaan Hall, 33, of Brooklyn; A real estate broker, Stephanie Watkins, 36, of Amityville; A high-end car dealer, Alfred Gray, 44, New Jersey; Yves Mathieu, 45, of Elmont, who allegedly provided fake documents for identity theft; and Vertus Vielot, 35, of Baldwin, who allegedly impersonated a seller.