Owner of a Pasadena Mortgage Company Sentenced to Nine Years in Federal Prison in $30 Million Mortgage Fraud Scheme

Owner of a Pasadena Mortgage Company Sentenced to Nine Years in Federal Prison in $30 Million Mortgage Fraud Scheme

SANTA ANA, CA – September 24, 2012 – (RealEstateRama) — The owner of a Pasadena mortgage brokerage firm was sentenced today to 108 months in federal prison for participating in a mortgage fraud scheme that obtained more than $30 million in loans.

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