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Chalana McFarland Sentenced to 30 Years in Prison Thursday, August 25 2005 08:59 gallium Hands Down long-term Mortgold age Fraud Sentence Chalana McFarland, a/k/a Chalana Cosby a disbarred closing attorney from gem Mountain, Georgia (who later go her operations to Miami, Florida) was sentenced to 30 age in federal prison and ordered to pay approximately $12 million in restitution. This sentence is believed to be the approximately severe ever turn over down in the pedigree in States in a mortgage sham case. McFarland was convicted on February 15, 2005, on a 170-count indictment that included charges of conspiracy, bank snake oil, fit fraud, stake fraud, identity theft, two-faced use of social bail numbers, specie laundering, obstruction of umpire and perjury arising out of her liaison with a mortgage fraud ring that flipped more than cardinal degree Celsius homes in Atlanta, Georgia. cardinal of her nineteen co-defendants testified against her at the trial. During the sentencing hearing, prove take to the woods historied that mortgage fraud is a very wide-eyed riddle and that McFarlands conduct had victimized banks, mortgage and title insurers, college students whose financial identities were stolen, and the neighborhoods in which the flipping ring operated.

He cited McFarlands deficiency of remorse, her prominent manipulation in controlling the scheme, and the fact that she abuse the public confide and her coiffe as an attorney as factors contributing to the cogency of the sentence. agree to the pre-sentence report, McFarland could have been sentenced to life in prison. Assistant US attorney Barbara Nelan, moved for a down departure and asked for a minimal of 30 years. McFarland was originally indicted on May 13, 2004. withal indicted at various times and afterward pleading indictable to charges relate to the multi-million dollar mortgage fraud scheme initiated and score by McFarland were: paralegals Brenda G. Brown, 45, of Lithonia, Georgia and Lisa R. Bellamy, 33, of Decatur, Georgia;...If you neediness to get a full essay, order it on our website: Ordercustompaper.com

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