WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green
T-Storm Warning: Beltrami, Marshall & Roseau Counties  | Forecast  | Severe Weather CenterShare Pics

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. Best Shopping Deals In September
  2. Students Get Ready To Head Back To School
  3. Minnesotan To Meet: Scott Mayer
  4. Fast Food Workers To Protest Across U.S.
  5. The Lowdown: Our Before Bed Habits

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 1,826 other followers