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Old 03-21-2010, 06:29 PM
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OSU Beavers OSU Beavers is online now
 
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Default Mortgage broker headed to prison

Salem mortgage broker Julian James Ruiz III, 38, convicted of fraud, identity theft and tax evasion will spend 61 months in prison and must pay restitution to more than 100 victims.

http://www.bizjournals.com/portland/...i=bankruptcies
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Old 03-21-2010, 07:12 PM
leelansford leelansford is offline
 
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Top of the iceberg.
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Old 03-21-2010, 08:33 PM
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Originally Posted by leelansford View Post
Top of the iceberg.
Or most outrageous. Ruiz could have made over $60k a year just putting suckers into bad mortgages but he got greedy and started signing other peoples names. I wonder if his bond is any good so the victims can claim against it to recover their losses?
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