Atlanta Woman Sentenced For Inflated Appraisal/Loan Misrep Scheme

Adriene Newby-Allen, 40, Alpharetta, Georgia, was sentenced to serve more than 11 years in federal prison for her role in a multi-million dollar mortgage fraud scheme. Newby-Allen pleaded guilty in July 2008 shortly before trial.

Newby-Allen was sentenced to 135 months in federal prison to be followed by 5 years of supervised release, and ordered to pay $5,278,703 in restitution.

According to the information presented in court: From mid-2004 …

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Original post by default@goarticles.com (Morgan Kennedy)

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