Comment on Las Vegas Man Sentenced To Federal Prison For Mortgage Fraud Scheme

Las Vegas Man Sentenced To Federal Prison For Mortgage Fraud Scheme

LAS VEGAS -- A former Las Vegas businessman has been sentenced to nearly 22 years in federal prison for masterminding a mortgage fraud scheme that cost financial institutions more than $24 million.Depue was accused of conspiring to recruit straw buyers with good credit to buy about 100 homes with mortgage applications containing false information, then renting the properties before selling them at a profit.Read More... More on Video

 

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