Owner of USA Properties, LLC Sentenced on Mortgage Fraud Charges
January 4, 2010
Total Loss:
$752,000
William E. McKanry was sentenced to 27 months in prison on multiple conspiracy and fraud charges involving the multi-million dollar sale of 12 local properties, Acting United States Attorney Michael W. Reap announced today. William E. McKanry owned, operated and managed USA Properties, LLC; his son, William C. McKanry owned, operated and managed USA Title, LLC; and Paula Enders, was a licensed mortgage broker. She operated under the mortgage brokerage company known as Foundation Mortgage, Inc.
Source:
FBI
Posted in:
Internal Fraud