Two partners in a Miami real estate development and finance firm and a senior underwriter who worked for them have pleaded guilty to wire fraud conspiracy charges, the latest defendants to accept responsibility for a $65 million fraudulent mortgage scheme that collapsed during the financial crisis.
Hector Hernandez, owner of the defunct Great Country Mortgage Bankers Corp., pleaded guilty Monday and agreed to forfeit $8 million in unlawful profits.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]