Back in July I posted about a local Mortgage Broker who was being convicted of mortgage fraud. I have gotten several comments from friends of his that he was innocent and his name was just being taken through the mud. Well today in the paper this is what I found:
U.S. District Judge William Dimitrouleas said Anthony Dehaney, 57, led a plan that cost banks millions and his sentence should send a signal to others tempted to skirt the law "to make a quick easy buck."
The sentence--among the toughest to date in a mortgage fraud case--exceeds a prosecutor's recommendation for a roughly five-year prison term. Dehaney, a Jamaican national, will likely be deported after completing his sentence, said prosecutor Jeffrey Kay.
So it goes to show that mortgage fraud is not being taken lightly! Not only was the mortgage broker convicted, so was the agent he was working with.
So play it straight, its the only way to go!
