A former Emeryville resident has been sentenced in federal court in San Francisco to 15 years and eight months in prison and ordered to pay more than $9m in restitution for a mortgage fraud scheme. Patricia Morgen, 63, who founded a real estate firm called Chicago Development and Planning, was sentenced Wednesday by US District Judge Charles Breyer.
San Francisco court orders $9m restitution for mortgage fraud sceme
May 21, 2010, 12:29pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio