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Press Release

Wesley Chapel Man Sentenced In Quit Claim Deed Fraud Scheme

For Immediate Release
U.S. Attorney's Office, Middle District of Florida

Tampa, FL – U.S. District Judge Mary S. Scriven has sentenced John Alberto Stolard (48, Wesley Chapel) to one year and one day in federal prison for conspiracy to commit wire fraud involving quit claim deeds. The court also ordered Stolard to forfeit $747,388.30, which are traceable to Stolard’s proceeds from the offense. Stolard pleaded guilty on October 3, 2024.

According to court records, Stolard obtained fraudulent quit claim deeds in connection with five different properties—all owned by a victim Stolard had worked with and knew personally. Stolard obtained $827,000 in fraud proceeds by obtaining mortgages on five properties he did not actually own through fraudulent quit claim deeds he filed with the Hillsborough County Clerk of Court. Stolard and a co-conspirator forged the victim-owner’s name on quit claim deeds and then filed these fraudulent deeds with the court. Using the fraudulent deeds, Stolard applied online for mortgage loans, using the victims’ properties as collateral, and ultimately obtained $827,000 in mortgage loans.

U.S. Secret Service, Tampa Field Office, Special Agent in Charge Robert Engel stated, “Through our investigation, we uncovered how selfish greed nearly caused devastating financial losses for an innocent victim. Mr. Stolard epitomized the betrayal of trust, abusing his position to steal over $800,000 in property while fraudulently posing as the rightful owner. Thanks to the men and women of our Tampa Field Office, the United States Attorney's Office, and our partners at the Hillsborough County Sheriff’s Office for their swift and dedicated work. We are pleased that justice was served.”

This case was investigated by the United States Secret Service and the Hillsborough County Sheriff’s Office. It was prosecuted by Assistant United States Attorney Jennifer L. Peresie.

Updated May 13, 2025

Topics
Financial Fraud
Mortgage Fraud