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Loan Modification

: Flipping Frenzy

Florida architect sentenced to five years for mortgage fraud

By Ralph Roberts

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U.S. Attorney A. Brian Albritton has announced that Robert Policastro has been sentenced to five years and three months in federal prison for conspiracy to commit mail and wire fraud (mortgage fraud). The court also entered a monetary judgment in the amount of $9,082,394.20, the proceeds of the mortgage fraud conspiracy. Policastro had pleaded guilty [...]

Full post as published by Flipping Frenzy on September 17, 2010 (boomark / email).

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