Leader of Mortgage Fraud Ring Sentenced to 6 ½ Years in Prison and Ordered to Forfeit $2.5 Million

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By Alabama RealEstateRama -

BIRMINGHAM, AL – December 8, 2010 – (RealEstateRama) — A federal judge today sentenced the leader of a mortgage fraud ring in Jefferson County to 6 ½ years in prison, announced U.S. Attorney Joyce White Vance, FBI Special Agent in Charge Patrick Maley and Department of Housing and Urban Development Acting Inspector General Michael Stephens.

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