Loan broker sentenced in Maine to 5 years

A former loan broker has been ordered to spend five years in a Maine prison and pay restitution of $358,000 for running a scheme that duped investors out of their money.

Former loan broker gets 5 years behind bars for theft, fraud and forgery

A former Surry resident has been sentenced to serve five years behind bars for stealing from investors in his home loan business.

Farm implement dealer pleads guilty to fraud charges

NORFOLK -- The former owner of a Smithfield farm equipment company pleaded guilty Thursday to wire fraud and aggravated identity theft. Linda T. Rowland, 60, was charged with obtaining more than 80 loans for a total of $1.7 million in the names of friends and customers. An FBI affidavit said that Rowland admitted taking out bogus loans on nonexistent equipment because the business she owned with ...

Jury convicts attorney of mortgage fraud

STATESBORO, GA - After a three-day trial, a jury in federal district court returned a guilty verdict yesterday against Emanuel County, Georgia attorney John R. Thompson on mortgage fraud charges. The case was tried before District Court Judge B. Avant Edenfield at the U.S. Courthouse in Statesboro, Georgia.

Man charged with mortgage fraud

WESTON -- A man sentenced in May to a year in jail for dragging a police officer through a Weston school parking lot almost a year ago, is accused in a federal indictment of pilfering his mother's estate by mortgage fraud.