A Florida couple that stole over $1 million from banks were recently convicted of mortgage fraud this month and now face 170 years in prison. Lured by the possibility of getting rich investing in real estate, victims handed over information to the couple that was used to perpetuate the scheme.
170 years behind bars is a long time. As a matter of fact, 1 day behind bars is a long time. Don’t do the crime and you won’t have to worry about doing the time. According to reports mortgage fraud is still prevalent today. If it sounds to good to be true or if you have reason to believe someone is trying to get you to be a part of a fraudulent mortgage transaction, report them by calling the State fraud hotline. 1-866-9-NO-SCAM
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