Industry News

Illinois men sentenced in real estate fraud scheme

Pair defrauded banks out of more than $1 million
Published on Sep 7, 2005

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by CareyBot

Two central Illinois men were sentenced last week to 20 months in federal prison for defrauding banks and mortgage companies of more than $1 million in a mortgage fraud scheme, officials said. U.S. District Judge Richard Mills sentenced Randolph McAfee, ...