Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million

Massachusetts Mortgage Company Founder Sent To Jail For Defrauding Ginnie Mae Out Of Millions April 25, 2019 robert pena, founder and president of Mortgage Security, will serve three years in prison after pleading guilty to one count of conspiracy and six counts of wire fraud.

Mortgage Company President Charged with Defrauding Ginnie Mae BOSTON – The president and founder of a Falmouth mortgage company was charged in U.S. District Court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of nearly $3 million. Robert Pena, 67, the president and founder.

Robert Pena, 69, the president and founder of a Falmouth mortgage company was sentenced yesterday in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million.. The charges arise out of Pena’s scheme to defraud Ginnie Mae, a government-run corporation charged with making housing more affordable by injecting capital into the U.S.

Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million April 24, 2019 RSS FEED No comments The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

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Northern California homeowner sues mortgage company and wins Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million April 24, 2019 / in Uncategorized / by Lindsay The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

The founder and president of a defunct massachusetts mortgage company pleaded guilty this week to defrauding Ginnie Mae out of approximately $2.5 million. Beginning in 2011, Robert Pena, the founder and president of Mortgage Security Inc., allegedly began diverting money that borrowers sent to MSI into private bank

The founder and president of a defunct Massachusetts mortgage company pleaded guilty this week to defrauding Ginnie Mae out of approximately $2.5 million.. According to the U.S. Attorney’s Office for the District of Massachusetts, Robert Pena pleaded guilty on Wednesday to one count of conspiracy and six counts of wire fraud.

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The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million. Robert Pena pleaded guilty in 2017 to one count of conspiracy and six counts of wire fraud.

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