Industry News

California mortgage broker gets 9 years in plea bargain

Fraud victims included man's parents, in-laws, friends
Published on Apr 6, 2007

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by CareyBot

A mortgage broker from California’s Central Valley has been sentenced to nine years in prison after pleading guilty to 122 counts of fraud and money laundering. Tony J. Daniloo, 32, victimized homeowners seeking cash-out refinance loans, altering escrow documents and ...