Mortgage Fraudster Deserved Higher Sentence, 6th Circ. Says

Law360, New York (April 19, 2013, 8:45 PM EDT) -- The Sixth Circuit refused Friday to reduce the 42-month sentence of a mortgage fraudster who used false documents to secure U.S. Department of Housing and Urban Development-insured loans, finding that lower court was right to increase his sentence above the recommended minimum.

The sentence was reasonable, a three-judge appellate panel found, because the government's loss estimates were kosher, Eric Paul Wendlandt's mortgage fraud scheme had caused harm beyond the mere financial loss to the government and the lower court's finding that Wendlandt had only a "grudging...
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