Friday, March 25, 2011

Commit housing fraud, go to jail.

The marvelously named Candida Leger, of Lebanon, Pennsylvania, made the mistake, allegedly, of committing housing benefits fraud instead of mortgage fraud.

She is accused of failing to report holding a job during the past four years, supposedly resulting in a $28,712 excess of housing subsidies. Which probably means the prosecutors counted up every benefit she received after the point where something wasn't reported. Per the Lebanon Daily News, "Leger was charged with providing false information and theft of government funds. If convicted, she faces a five-year prison term, fines of up to $250,000 and restitution."

Angelo Mozilo is still at large.

[Similar from Calculated Risk: borrower prosecuted for accepting "liar loans."]

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