North Carolina Mortgage Fraud Links

1) Vance County, North Carolina
Convicted Mobile Home Mogul Gets 75 Months, $7.5M Restitution Order

Vance County mobile home operator was sentenced after pleading guilty in March to mail and bank fraud and money laundering while selling mobile homes and preparing falsified mortgage documents. See:
Donald Gupton to face punishment today (1-24-07)
Gupton sentenced to 75 months in prison, $7.5 million restitution (1-25-07)
Man sentenced in mortgage scheme (1-25-07)

2) Fayetteville, North Carolina
Banks commissioner cites fraud, ID theft in revoking loan officer's license (1-25-07)

A Fayetteville mortgage loan officer's license was revoked for allegedly falsifying documents in connection with mortgage loan closings and for allegedly stealing and using the financial identities of her customers to fraudulently obtain loans for her personal benefit in their names.
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