Florida: Jamaican man jailed for mortgage fraud

[malaise]

http://www.caribbeanworldnews.com/middle_top_news_detail.php?mid=1886
CaribWorldNews, MIAMI, FL, Weds. Dec. 30, 2008: A Jamaican man in South Florida will spend the next eight years of his life in jail for orchestrating a US$10 million dollar mortgage fraud scheme.

Anthony Dehaney, 57, was sentenced on Tuesday in what is the toughest sentence in a mortgage fraud case to date.

Dehaney, who pleaded guilty in October to conspiracy, mail fraud and bankruptcy fraud, told the court he began investing in real estate in 2002.

As part of his guilty plea, Dehaney admitted to lying on applications for mortgage loans for at least 20 Broward properties between January 2003 and August 2006.

When the real estate market hit the rocks, Dehaney filed forged bankruptcy petitions in Broward federal court on behalf of three straw buyers to stall foreclosure proceedings.

He also testified at the trial of the Fort Lauderdale closing agent who facilitated many of his fraudulent mortgage applications. Howard Gaines, was convicted of conspiracy and wire fraud charges.

District Judge William Dimitrouleas told Dehaney that his sentence should send a signal to others tempted to skirt the law to make a quick easy buck.

The greencard holder will face deportation under U.S. immigration law once he completes his jail time.
----------------
lock them all up and throw away the key but lock up the big bankers as well.

add link

[Ian David]

1. The taller they come, mon. n/t

[TwixVoy]

2. Pretty damn sad if you ask me

He SHOULD be in jail.... but I find it very sad all of these RICH WHITE bastards that stole BILLIONS are getting bail outs instead of jail time.... yet they are "coming down hard" on a black person who stole 10 million. (which is peanuts compared to what these rich white guys stole on wall street)