The former vice president of a Clayton, Mo., title insurance agency pleaded guilty Wednesday for his role in a $2.8 million mortgage scheme, the St. Louis Business Journal reported. Thomas Kurzenberger Jr., 37, of Ballwin, Mo., pleaded guilty to one felony count of mail fraud, media accounts said. He faces a maximum penalty of 20 years in prison and/or a $250,000 fine, and restitution is mandatory, accounts said. Kurzenberger is scheduled to be sentenced Jan. 24, 2006, and faces a maximum penalty of 20 years in prison and/or a $250,000 fine, accounts said. Between January 2000 and June 2005, Kurzenberger withdrew nearly $2.8 million from several of Title Insurance Agency's escrow accounts, according to legal documents in the matter. He used $1.25 million to pay his personal credit c...
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