Ex-mortgage loan officer to do heavy time for fraud
Six convicted in case that cost banks more than $5 million
By Inman News, Thursday, December 28, 2006.A federal judge has sentenced a former mortgage loan officer convicted of organizing a Washington, D.C., house-flipping scheme involving mortgage fraud to more than 24 years in prison.
In sentencing Charles E. Hall Sr. to serve 293 months in prison and to pay restitution of $5.04 million, Judge Sterling Johnson called the former loan officer "a predator" whom the community must be protected from.
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