Edmond Man Sentenced to 30 Months in Federal Prison for Mortgage Fraud Scheme
December 4, 2009
Total Loss:
$770,000
Yesterday, Phillip Seibel, 39, of Edmond, Oklahoma, was sentenced by United States District Judge David Russell to serve 30 months in prison for money laundering stemming from a mortgage fraud scheme, announced Robert J. Troester, Acting United States Attorney for the Western District of Oklahoma. In addition, Judge Russell ordered Seibel to pay $770,037.31 in restitution and serve three years of supervised release upon release from prison.
Source:
FBI
Posted in:
Internal Fraud