The plaintiff, an insurance company, sought to extend a Mareva Injunction against multiple defendants involved in a sophisticated mortgage fraud scheme.
The plaintiff had previously issued a loss payment under a title insurance policy after a fraudulent mortgage was declared void.
The Mareva Injunction, initially granted ex parte, froze accounts of several defendants who received fraudulent mortgage proceeds.
The court found a strong prima facie case of fraud, sufficient inference of risk of dissipation, and that the balance of convenience favored extending the injunction.
The court also addressed the needs of a self-represented defendant, Xuan Dieu Vy Nguyen, who opposed the motion, by ensuring access to living expenses and directing an oral hearing for future default judgment motions to allow her to present her case.
