Indianapolis Man Sentenced to 43 Months in Prison for Mortgage Fraud Scheme
January 12, 2010
Total Loss:
$5 million
Mark Roth, 55, Indianapolis, was sentenced today to 43 months in federal prison by Circuit Judge David F. Hamilton following Roth's guilty pleas to one count of wire fraud and one count of money laundering. This sentencing concerned Roth's role in a multi-million dollar mortgage fraud scheme operated by Robert Penn. Roth was found responsible for 25 fraudulent loans, including the first 11 Windsor Village loans, amounting to more than $5 million.
Source:
FBI
Posted in:
Internal Fraud