Court upholds conviction of ex-mortgage broker Persac
by Associated Press Published: October 5,2012
Tags: appeal, bank, banking, bench, broker, conviction, court, decision, finance, financial institution, fraud, guilty, home, homebuyer, house, judge, judicial, judiciary, justice, mortgage, real estate, residence, residential, ruling, sentence, sentencing
JACKSON — A federal appeals court has upheld the conviction of former mortgage broker Michael Persac Persac and former broker Jason Ellis were convicted in 2011. They were both ordered to prison and were ordered to forfeit more than $3 million and pay more than $781,000 in restitution. A three-judge panel of the 5th U.S. [...] [...]
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