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: The Home Equity Theft Reporter

Miami Man Gets 88 Months For Role In Impersonating Unwitting Homeowners & Ripping Off Their HELOC Accounts

By r morris

From the Office of the U.S. Attorney (Alexandria, Virginia):Henry ?Uche? Obilo, age 30, of Miami, Fl., was sentenced to 88 months in prison, followed by three years of supervised release, for his role as a leader in a home equity line of credit fraud scheme(1) that has been linked to more than $36 million in attempted fraud and almost $11 million in actual losses. To date, investigators have

Full post as published by The Home Equity Theft Reporter on September 17, 2009 (boomark / email).