BAY AREA -- Nine people, including residents of Brentwood and San Mateo, have been indicted in connection with a mortgage fraud scheme involving the purchase of at least 19 homes, federal officials said Wednesday.
A federal grand jury returned the indictments Sept. 13 and they were unsealed Wednesday, said U.S. Attorney Benjamin Wagner in a statement.
Named in the indictments were Robin Dimiceli, 50, of Brentwood and Edward Khalfin, 55, of San Mateo, along with Volodymyr Dubinsky, 53, formerly of Folsom and Leonid Doubinski, 47, formerly of Copperopolis.
Also charged were: Serge Doubinski, 29, of San Francisco; Zinayda Chekayda, 49, of Antelope; Svetlana Dubinsky, 48, of Boca Raton, Fla.; Diana Woods, 55, of Citrus Heights; and Kory Schmidli, 34, of Linden.
According to the indictments, two brothers -- Dubinsky and Doubinski -- built, developed and sold real estate in Carmichael, Sacramento and Copperopolis. As the real estate market declined, the brothers recruited family members, employees and associates with good credit to act as straw buyers for residential properties. Dimiceli, who was licensed to sell real estate, submitted fraudulent loan applications for the straw buyers, according to the indictment. Dimiceli also is alleged to have been one of the straw buyers.
The applications to lenders falsely stated the straw buyers' income, assets and said they intended to live in the homes as their primary residences.
Rick Hurd covers crime. Contact him at 925-945-4780 and follow him at Twitter.com/3rdERH.