Industry News

Mortgage scheme bilks nearly $30 million from 800-plus victims

Pennsylvania man faces up to 30 years after guilty plea
Published on Nov 29, 2007

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by CareyBot

A 71-year-old Pennsylvania man faces up to 30 years in prison after pleading guilty to a federal mail fraud charge stemming from a mortgage finance scheme prosecutors said cheated more than 800 investors out of nearly $30 million. Wesley A. ...

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