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Woman Ordered to Pay $1M Over Loan Fraud Scheme

A Tennessee federal court judge has sentenced a woman to more than 10 years in prison and a nearly $1 million repayment after pleading guilty to bank fraud and conspiracy to commit money laundering. So reports local ABC affiliate WATE.

jail 1287943 1280Wynde Collins of Atlanta received a 121-month sentence for bank fraud and conspiracy to commit money laundering.

Prosecutors alleged that Collins ran a scheme from June 2014 to December 2019 that involved falsifying details on mortgage and auto loan applications from June 2014 to December 2019.

Read the full article from WATE.

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