Webster Man Sentenced for Bilking More Than $7 Million from Mortgage Lenders

Webster Man Sentenced for Bilking More Than $7 Million from Mortgage Lenders

MINNEAPOLIS, MN – September 29, 2011 – (RealEstateRama) — Earlier today in federal court in St. Paul, a 28-year-old Webster man was sentenced for bilking more than $7 million from at least 15 real estate mortgage lending companies between 2005 and 2008. U.S. District Court Judge Richard H. Kyle sentenced Dustin LaFavre to 48 months in prison on one count of conspiracy to commit mail and wire fraud. LaFavre was charged on November 5, 2009, and pled guilty on December 7, 2009.

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