Industry News

Missouri men sentenced in $18 million real estate fraud

Each must pay $1.3 million restitution; one gets prison time

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Two Missouri men were sentenced Wednesday to pay more than $1.3 million apiece in restitution, and one of the men was sentenced to prison, in connection with an $18 million mortgage fraud scheme, officials said. Anthony Edward Long, 35, of Blue Springs, Mo., and Mitchell David Medlin, 43, of Lee's Summit, Mo., were sentenced in separate hearings Wednesday before U.S. District Judge Ortrie D. Smith, the U.S. attorney's office for Missouri's Western District said. Long, who pleaded guilty to charges contained in two separate indictments, was sentenced to three years and three months in federal prison without parole. The court also ordered him to pay $1.38 million in restitution, the U.S attorney's office said. Medlin was sentenced to five years of probation, including six months in a halfway house and six months of home detention. The court also ordered Medlin to pay $1.38 million in restitution, officials said. On April 21 and 22, 2005, respectively, Medlin and Long pleaded guil...