Admitted Flipper "Earns" Federal "Get Out Of Jail Free Card"

An admitted mortgage fraudster who, by his own account, profitted, among other ways, "by selling nine "uninhabitable" homes to inexperienced home buyers" and who, overall and with 13 others, ripped off banks and home buyers out of approximately $15 million, avoided conviction on all mortgage fraud charges and instead, was sentenced to three months in a halfway house, four months home confinement, a $15,000 fine and three years' probation on two misdemeanor tax charges for failure to pay tax on his earnings in Federal Court in Springfield, Massachusetts.

He earned his "Get Out Of Jail Free Card" because of "[his] role as a cooperating witness in overlapping mortgage fraud and public corruption cases" which resulted in convictions against a dozen defendants in the real estate fraud cases, with an additional 33 people either being convicted or pleading guilty in the overlapping public corruption probe.

To read more, see the article in The Republican, reported at MassLive.com, Tax defendant spared prison.
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