Mortgage Fraud Fugitive Faces Justice

Law360, New York (April 10, 2007, 12:00 AM EDT) -- A former fugitive who was the subject of a three-year nationwide manhunt pled guilty on Tuesday to six counts of mortgage fraud, identity theft, passport fraud and probation violation.

Matthew Cox now faces a maximum sentence of 54 years in prison and a fine of up to $2 million. However, as part of his plea agreement, prosecutors said they would recommend that he be sentenced at the low end of the applicable guideline range.

“The repeated use by Cox of the stolen identities of minor children,...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.