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Real Estate & Property Law

: The Home Equity Theft Reporter

SW Florida Man Gets 22 Years In Mortgage Scam Involving $30M+ In Fraudulently Obtained Loans On 36 Properties

By r morris

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In Fort Myers, Florida, The News Press reports:A man federal authorities believe spearheaded a $30 million real estate scheme based in Cape Coral was sentenced to 22 years in prison Tuesday. Ronald Luczak, 38, who with his wife Lisa ran Cape Coral Equity and Development Group Inc., said nothing as he was sentenced by U.S. District Judge John Steele. He pleaded guilty in September to one count

Full post as published by The Home Equity Theft Reporter on July 02, 2009 (boomark / email).

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