Towson Title Agency Operator Sentenced to Over Six Years in Prison in Mortgage Fraud Scheme
March 29, 2011
Total Loss:
$3.9 Million
U.S. District Judge Catherine C. Blake sentenced Anthony V. Weis, age 45, of Phoenix, Maryland, today to 78 months in prison followed by three years of supervised release for wire fraud in connection with a mortgage fraud scheme to defraud lenders of approximately $3.9 million in just eight months. Judge Blake ordered Weis to pay restitution of $4,007,705, which includes the loss to the title insurance company and the expenses of the individual victims.
Source:
FBI
Posted in:
ACH and Wire Fraud