Estimated reading time: 0 minutes, 29 seconds

Mortgage Scam Sends Tampa Paralegal to Federal Prison

Conspiring to commit bankruptcy fraud in an effort to defraud mortgage companies and homeowners has landed a Tampa paralegal in federal prison for 15 months. So reports the Business Observer.

prison 553836 640smallEric Liebman, 34, and his co-defendant, lawyer James Lee Clark, filed fraudulent bankruptcy documents on behalf of distressed homeowners who had transferred their homes to a company controlled by Liebman. This gave the men time to collect “ill-gotten” rental or other income, according to Liebman’s plea agreement.

Clark, whose sentencing is set for March 17, faces 25 years in prison.

Read the full article from the Business Observer

Read 2132 times
Rate this item
(0 votes)

FOLLOW US