He and others then submitted fraudulent mortgage loan applications to lenders for these same clients, omitting the fact that the down payment had been loaned to them and overstating assets. Over the course of the scheme, some of the loans went into …Sarasota man, 70, gets five-year sentence in mortgage fraud Northwest News and TribuneFormer Sarasota Realtor Seaborne sentenced to 5 years Sarasota Herald-Tribuneall 4 news articles »
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Source: Tampa Bay Business Journal
