Down Payment Scam Artist Gets 5+ Years In Prison

Edward Arnold Septon, 59, Naples, Florida, was sentenced to 70 months in prison and five years supervised release for his involvement in a fraudulent mortgage brokering business that resulted in a loss to area banks of more than $2.3 million.. Septon was the founder and leader of First Rate Mortgage Group, a mortgage brokerage business known to be extensively engaged in mortgage fraud.

On May 12, 2008, Christopher Adam Horton, …

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Original post by default@goarticles.com (Jennifer Morva)

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