Industry News

Real estate loan fund scam lands exec in prison

Judge orders former PinnFund president to pay $187 million
Published on Jan 25, 2005

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by CareyBot

Keith G. Grubba, former president of PinnFund, USA, was sentenced Monday in U.S. District Court in San Diego to 63 months in prison, followed by five years of supervised release, for his role in a mortgage business that masked one ...