A Zionsville man who pushed real-estate investing schemes has been sentenced to 30 months in prison after pleading guilty to wire fraud and money laundering.

The complaint, filed in Marion Superior Court, follows a similar suit that was dismissed in federal court. Bank of America and its Countrywide unit are accused of using perjured affidavits to foreclose on homes.

The Federal Home Loan Bank of Indianapolis is suing some of the nation’s largest financial institutions to recover losses on a $3 billion portfolio of mortgage-backed securities.

Todd Leary of Carmel pleaded guilty in court Thursday to a felony charge of misappropriating title insurance escrow funds. His agreement with prosecutors calls for him to face up to three years in prison, with that cut in half if he pays nearly $295,000 in restitution.

Louis Simpson bilked investors of $948,500 by claiming to operate a program with the Department of Housing and Urban Development.

A business owner and three people allegedly involved in a large mortgage fraud scheme face prison sentences for failing to report income or file certain tax forms.

Robert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.

A federal judge has ordered an Indianapolis man to serve 37 months in prison and pay $1.7 million in restitution for his role in a massive mortgage fraud scheme.

A Noblesville man was sentenced to one year of home detention yesterday after pleading guilty to mortgage fraud in federal court. Marvin G. Hampton also was ordered to pay $262,424.76 in restitution to three lending institutions.

Charter Homes recruited and paid buyers to take out inflated mortgages on dozens of central Indiana homes it built, promising to manage the properties as rentals and make payments for the owners, current and former Charter business partners say.

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.

State regulators want more firepower to fight mortgage crimes. But a month before the General Assembly convenes, real estate interests are uneasy, fearing lawmakers may go overboard.