Navigating the New Terrain of Mortgage Originations

    Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.

Estimated reading time: 0 minutes, 29 seconds

Exec Who Copped to Mortgage Fraud Appeals Prison Sentence

The head of a Florida roofing company has appealed his prison sentence and $2.7 million forfeiture order after pleading guilty to mortgage fraud and being found guilty on other counts, including bank fraud. So reports the local Fort Myers News-Press.

prison 553836 640smallThe appeal came only days after a federal judge sentenced Casey Crowther, president of Fort Myer-based Target Roofing and Sheet Metal, to 37 months in prison. 

According to federal prosecutors, Crowther used Paycheck Protection Program money to buy a 40-foot catamaran boat, which he was also ordered to forfeit.

Read the full article from Fort Myers News-Press.

Read 3026 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.