Former Real Estate Professionals Sentenced for Mortgage Fraud Scheme in Vallejo

Former Real Estate Professionals Sentenced for Mortgage Fraud Scheme in Vallejo

SACRAMENTO, CA – May 27, 2011 – (RealEstateRama) — United States Attorney Benjamin B. Wagner announced that United States District Judge Morrison C. England, Jr. sentenced Ralondria Stafford, 37, of San Francisco, and Necole Ward, 32, of Las Vegas, (both formerly of Vallejo, Calif.) for their roles in a mortgage fraud scheme carried out in Vallejo between 2005 and 2006. Judge England sentenced Stafford to 21 months in prison and Ward to 12 months and a day in prison. The prison sentences are to be followed by three years of supervised release and both defendants were ordered to pay $200,000 in restitution. Stafford and Ward pleaded guilty on June 10, 2010.

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