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Mortgage Pro, Stepson Sent to Prison Over Massive Bank Fraud

A mortgage industry professional and her stepson have each received federal prison sentences for allegedly defrauding a California bank to the tune of more than $6 million. So reports the Houston Chronicle.

Leyla Wydler, owner of Houston-area businesses that included Globan Mortgage Company, was convicted along with her stepson Carlos Wydler on counts including bank fraud, false statements on credit applications, wire fraud and mail fraud.

Leyla Wydler was sentenced to 11 years and Carlos Wydler to seven years over what was reportedly the bank’s biggest fraud loss in its 113-year history.

Read the full article from the Houston Chronicle

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