Jun 22, 2011

Ex-Mortgage CEO Sentenced to Prison for $3B Fraud

ALEXANDRIA, Va. (AP) — The CEO of what had been one of the nation's largest privately held mortgage lenders was sentenced Tuesday to more than three years in prison for his role in a $3 billion scheme that officials called one of the biggest corporate frauds in U.S. history.

Read more... (NY Times)

No comments:

LinkWithin

LinkWithin Related Stories Widget for Blogs