Two sentenced for role in mortgage fraud scheme
by Associated Press Published: November 10,2011
Tags: banking and finance, Banks, brokers, courts, financial institutions, home loans, homes, houses, loans, mortgage fraud, mortgages, real erstate, residences, sentencing, trial
JACKSON — Former mortgage brokers Jason Ellis and Michael Persac will forfeit more than $3 million and pay more than $781,000 in restitution for their part in a mortgage fraud scheme. Ellis and Persac, out on bond since they were charged in 2005 in a mortgage fraud case, also are going to prison after their [...] [...]
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