Manchester Man Sentenced to Three Years in Federal Prison for Bank Fraud, Money Laundering in Conjunction With Former Somers Residence
June 30, 2011
Total Loss:
$2.2 Million
Sabir Moghul, a 72-year old Manchester resident, was sentenced to three years of federal prison, followed by three years of supervised release, Wednesday for bank fraud and money laundering charges in conjunction with a pair of mortgages he took out simultaneously on his former Somers home that totaled more than $2.2 million.
Source:
Manchester Patch
Posted in:
Money Laundering