Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Title company head admits to stealing $5m in mortgage funds

Notify me of new replies via email
Mortgage Professional America | 04 Nov 2013, 05:11 AM Agree 0
A New Jersey title company owner has admitted to stealing more than $5 million entrusted to him to pay off mortgage mortgages
  • Elise | | 04 Nov 2013, 09:39 AM Agree 0
    A $10,000 fine is all?
  • Mortgage Broker in MI | | 04 Nov 2013, 11:29 AM Agree 0
    Am I missing something? He stole over $5 million and is going to get 10 years in prison and only a $10,000 fine? Seems kind of light, especially on the fine part.
  • Ramana | | 04 Nov 2013, 04:15 PM Agree 0
    A kid who stole ice cream got life in prison sentence on three strikes. Someone is not doing the right calculation to arrive at 10 year prison sentence and a fine of $10,000.00 only.
  • Stephanie J(South Jersey Realtor) | | 05 Nov 2013, 08:54 AM Agree 0
    What do you expect? Justice is deaf, dumb and blind
Post a reply