Industry News

Home builder sentenced in $3.7 million real estate fraud

North Carolina man heads to prison
Published on Dec 29, 2005

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by CareyBot

A federal judge sentenced a North Carolina home builder to 27 months in prison last week, saying the man’s role in a $3.7 million mortgage fraud scheme had had “dramatic and far-reaching consequences,” the Charlotte, N.C. Observer reported. Greg Smith, ...