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Former mortgage company president sentenced to prison, $51.8M restitution
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The Blotter
Wednesday, December 1, 2021
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The former president of First Mortgage Co. was sentenced to time in prison for defrauding banks, Fannie Mae, homeowners and others through a broad range of fraudulent conduct. He also was ordered to pay approximately $51.8 million in restitution to the victims of his scheme.
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