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Mortgage Scam Leads to 15 Years in Federal Prison

A scheme to defraud mortgage lenders out of hundreds of thousands of dollars has landed a New Jersey man with a 15-year federal prison sentence, according to authorities. So reports the local Daily Voice.

gavel 3576932 640smallThe sentence was part of a plea deal by 55-year-old Dennys Tapia, who pleaded guilty last December to one count of conspiring to commit bank fraud.

U.S. District Judge Stanley Chesler also sentenced Tapia to two years of supervised release, plus restitution of $182,508 and forfeiture of $176,532.

Read the full article from the Daily Voice.

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