Minnesota Broker Sentenced to 5 Years
Ronald Clark Joseph, 49, Prior Lake, part-owner of LHS Mortgage, Inc., was sentenced to 63 months in federal prison by United States District Court Judge Donovan Frank for his role in a mortgage fraud kickback scheme.
As previously reported by Mortgage Fraud Blog, on July 2, 2007, Joseph pleaded guilty to one count of mail fraud and one count of money laundering. Joseph, a licensed mortgage broker, devised …
Original post by default@goarticles.com (Wade Robins)