Leader of $6.7 Million Mortgage Fraud Scheme Sentenced
November 22, 2011
Total Loss:
$6.7 Million
The leader of a $6.7 million mortgage fraud scheme involving a home in Gates Mills, Ohio, was sentenced to more than 12 years in prison, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
Two others involved in the scheme were also recently sentenced—one to 2 ½ years in prison, the other to eight months house arrest followed by more than two years of supervised release.
Source:
FBI
Posted in:
New Account Fraud