Deborah L. Joyce, 38, Hurricane, West Virginia, has been sentenced by U.S. District Judge Thomas Johnston to 46 months in federal prison. As previously reported by Mortgage Fraud Blog, Joyce and her husband, Todd W. Joyce, pled guilty admitting they misled people into buying homes as investment properties at prices far higher than the homes were actually worth.
Joyce pleaded guilty in September 2010, to conspiring to commit bank and wire fraud and tax evasion. Todd W. Joyce awaits sentencing for his guilty plea to aiding and abetting in tax evasion.
They were originally charged last June as part of Operation Stolen Dreams, an effort that officials say resulted in more than 1,200 people being charged nationwide.