Saturday, April 2, 2011

Seattle man sentenced to six years for mortgage fraud

I'm in Seattle for the weekend, so here is this tidbit from the Seattle Times.  Apparently, this huckster was able to defraud several banks of over $7 million in fraudulent mortgages, and is now going to spend 6 in the poke.

Still, I wonder what genius at Pierce Commercial Bank was asleep at the switch when this fraud was perpetrated.

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