Man sentenced in house-flipping scam in New Orleans
Posted by US Loan Auditors in Mortgage Crisis
on 06 17th, 2009 | No Comments
Originaly by The Times-Picayune: The alleged ringleader of a New Orleans mortgage-flipping scheme was sentenced Thursday to 40 months in prison by U.S. District Judge Martin Feldman.
Calvin Davis, 48, had pleaded guilty to mail fraud and lying on federal forms. He admitted buying numerous properties,...