WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

Husband & Wife Sentenced For Mortgage Fraud

View Comments
(credit: CBS)

(credit: CBS)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. 4 Things To Know For August 19, 2014
  2. Goin' To The Lake: A Look Back At Summer 2014
  3. Mpls. Residents Complain Over Target Field Lights
  4. Twin Cities Rabbits Featured In New Viral Video
  5. Mike A, Jamie Take On Ice Bucket Challenge

MINNEAPOLIS (WCCO) – James and Wendy Ober were sentenced on Thursday to serve 120 months in prison for their role in a “sophisticated mortgage fraud scheme” involving fake documents – including phony divorce decrees and the forged signature of a Minnesota judge.

James and Wendy Ober, of Hudson, Wis., are owners of Mortgage Planners, Inc. They were charged with racketeering along with the two others involved in this “new wave” of mortgage fraud following the housing crisis.

The fraudulent loans were valued at more than $6 million.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,792 other followers