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Red Bank ex-broker stole $3.84M, gets 12 years in prison

admin — Sat, 08 Jan 2011 21:26:42 +0000

Red Bank ex-broker stole $3.84M, gets 12 years in prison
A former mortgage broker who stole $3.84 million from 11 clients while playing the stock market, including victims from Florham Park, was sentenced Friday to 12 years in state prison.

Reverse mortgage gets affordable

admin — Mon, 06 Dec 2010 21:46:59 +0000

Reverse mortgage gets affordable
New option lets seniors borrow against home equity at lower costs, but with stricter limits.

Richmond man gets 5 yrs for mortgage fraud

admin — Tue, 25 May 2010 21:24:24 +0000

Richmond man gets 5 yrs for mortgage fraud
RICHMOND, VA. — A Richmond man has been sentenced to five years in prison for a mortgage fraud scheme. U.S. District Judge James R. Spencer on Monday also ordered 55-year-old Robert S. Capehart to pay nearly $2 million in restitution. Capehart pleaded guilty to one count of mail fraud in February.

Ringleader of Va. mortgage fraud gets 5 years

admin — Sat, 08 May 2010 21:31:33 +0000

Ringleader of Va. mortgage fraud gets 5 years
Rojas, 30, a real estate agent from Vienna, Va., was sentenced to five years in prison Friday in U.S. District Court for his role as the ringleader in a massive mortgage fraud scheme.