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Tag Archives: Planetta Custom Homes

Homebuilder fined, ordered to repay SBA $1 million

GULFPORT — A federal judge has ordered homebuilder Victor Planetta Sr. to pay $1 million in restitution and fined him $250,000 for making false statements to get a disaster-relief loan after Hurricane Katrina. Planetta, owner of Planetta Custom Homes in Slidell, La., faced up to five years in prison for providing fraudulent information for a $1 million loan from the ...

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