Posts Tagged ‘appraisals’

Man gets jail time for mortgage fraud scheme

by Associated Press Published: March 30,2011

Tags: appraisals, courts, fraud, homes, housing, mortgage fraud, real estate

BRANDON — A federal judge has sentenced a Brandon man to 33 months in prison for his role in a mortgage fraud scheme. Shane Rothery pleaded guilty in October to mail fraud. Prosecutors say Rothery fabricated information on residential appraisals and inflated the property values so he and his accomplices could pocket the excess proceeds. […] [...]

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