A former realtor has received a four-year prison sentence for orchestrating a mortgage scam that bilked distressed homeowners out of almost $4 million. So reports The San Gabriel Valley (Calif.) Tribune.
The U.S. Attorney’s Office said that 66-year-old Ernesto Diaz of El Monte, Calif. was also ordered to pay more than $3 million in restitution.
In September, Diaz was found guilty on federal charges of conspiracy and mail fraud.
Read the full article from The San Gabriel Valley (Calif.) Tribune.