USA v. Wider et al

  1. April 07, 2017

    Feds Say $22M Restitution Enough For Convicted Ex-Banker

    Federal prosecutors said Wednesday that they would forego seeking any forfeiture against the former head of a mortgage lending bank convicted for his role in a fraud scheme, because the banker has already been hit with a $22 million restitution order.

  2. March 24, 2017

    Ex-Mortgage Banker Gets 12.5 Years Over $30M Scheme

    The former head of a mortgage lending bank was sentenced Friday by a New York federal judge to 150 months in prison in connection with a $30 million scheme to rip off lenders by lying about property values, according to the U.S. Department of Justice.

  3. November 17, 2016

    DOJ Seeks 5-6 Years For NY Lawyer In $30M Mortgage Fraud

    A New York lawyer facing prison time for his role in a $30 million scheme to rip off lenders by lying about property values should get five to six behind bars, the U.S. government told a New York federal court Thursday.

  4. November 08, 2016

    Feds Seek Max 30-Yr Term For Ex-Banker's $30M Loan Fraud

    Prosecutors on Tuesday asked a New York federal judge to throw the book at an ex-mortgage banker convicted of a $30 million scheme to rip off lenders by lying about property values, calling for the statutory maximum of 30 years in prison.

  5. November 04, 2016

    Atty, Ex-Banker Seek Time Served For $30M Mortgage Fraud

    An ex-banker and an attorney facing incarceration for their roles in a $30 million scheme to rip off lenders by lying about property values asked a New York federal court Thursday to avoid prison, with the former saying there was no proven loss, and the latter that alcohol and depression led to the crimes.