Brett Depue, 42, Gilbert, Arizona, was convicted following a four-day jury trial, and 1½ days of deliberations, of one count of conspiracy to commit mail, bank and wire fraud, and seven counts wire fraud in connection with a Las Vegas mortgage fraud scheme. Depue was remanded to custody and sentencing is scheduled for November 9 at 9:00 a.m. Depue‘s previous conviction on mortgage fraud charges was overturned by the Ninth Circuit Court of Appeals.
“We are pleased that a second jury determined that Mr. Depue had committed fraud,” said U.S. Attorney Daniel G. Bogden. “There were over 100 homes used as part of this conspiracy to defraud the financial institutions of millions.” Continue Reading…