jail: Fraud Doesn't Pay.....Loan Guy Gets 12 Years For Fraud
- 02/17/09 08:15 AM
The next 144 months in the life of Mitchel A. Fuchs will be spent in prison after the 41-year-old officer was convicted and sentenced for a mortgage fraud scheme that may have cost lenders hundreds of thousands of dollars. In December 2007, Fuchs was indicted on thirteen counts of wire fraud and one count of mail fraud. Folllowing a seven-day trial, an Illinois jury found him guilty on all fourteen counts in November 2008. Also charged in the indictment were 59-year-old Frank G. Anast and 26-year-old Jessica L. Gibson. The trio allegedly defrauded commercial lenders by causing unqualified loan applicants to … (2 comments)
The next 144 months in the life of Mitchel A. Fuchs will be spent in prison after the 41-year-old officer was convicted and sentenced for a mortgage fraud scheme that may have cost lenders hundreds of thousands of dollars. ;)
;)
