Peter Wilkinson, Eugene, Oregon, was sentenced on September 3, 2013, for his role in a mortgage fraud scheme involving the submission of false and misleading loan packages to lenders.
According to media reports, Wilkinson received almost five years in prison.
As previously reported by Mortgage Fraud Blog, Wilkinson pled guilty to conspiracy to commit bank fraud and bank fraud charges related to a mortgage fraud scheme in Central Oregon.
Under the terms of his plea agreement, the Defendant agreed to be permanently debarred from: acting as a loan originator; owning or operating as a mortgage broker or mortgage banker; acting as a partner, officer, director, or experienced person, or performing similar functions for a mortgage banker or mortgage broker; owning, acting as, or acting in a managerial capacity in a company required to have a consumer finance license; acting as an agent or facilitator for the purpose of making a payday or title loan; or acting as an official, officer, or director of an insured institution or credit union.
That’s so sad when people commit this kind of fraud.
Fraud people should always get punishment.