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Mortgage fraud ringleader gets prison, forfeits cars, yachts

January 11, 2010
Total Loss: $47 million
The ringleader of a $47 million mortgage fraud scheme was sentenced Friday to five years in prison, and he and his co-defendants were ordered to forfeit luxury cars, a yacht and bank accounts worth millions. Viktor Kobzar, 32, of Federal Way, a mortgage broker, also was sentenced to three years of supervised release after his prison term.
Source: KOMO News
Posted in: Internal Fraud
Tags: internalloanover 10mcollusive network