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Employee convicted in short-sale scheme after bilking Bank of America for 5.7 million

Thursday, October 2, 2014 1:45
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By Jennifer Felten A former Bank of America employee has been sentenced to 30 months in federal prison after pleading guilty to taking more than $1.2 million in bribes to approve artificially low-price short sales of properties on which the bank held mortgages. In addition to the prison term, Kevin Lauricella was ordered to pay […]

Tags:  Bank of America, bribes, Hershorin & Henry LLP, Jennifer Felten, Real Estate, scheme, short sale


Copyright © Citizensjournal.us [Employee convicted in short-sale scheme after bilking Bank of America for 5.7 million], All Right Reserved. 2014.



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