Robert Lz
A dream turns into a nightmare
DARRYL L. COOPER, 27, of Decatur, Georgia, was sentenced today by United States District Judge Thomas W. Thrash, Jr., for a scheme to defraud mortgage lenders by creating fraudulent appraisals that reflected completed construction. The appraisals supported $4.7 million in fraudulent loans for purchases in the names of out-of state “investors” of incomplete homes from builder/coconspirator JEFFERY ALAN TEAGUE.
Teague was sentenced Oct. 26, 2007, to 15 years, 8 months in prison and ordered to pay $7.8 million in restitution.
A dream turns into a nightmare
DARRYL L. COOPER, 27, of Decatur, Georgia, was sentenced today by United States District Judge Thomas W. Thrash, Jr., for a scheme to defraud mortgage lenders by creating fraudulent appraisals that reflected completed construction. The appraisals supported $4.7 million in fraudulent loans for purchases in the names of out-of state “investors” of incomplete homes from builder/coconspirator JEFFERY ALAN TEAGUE.
Teague was sentenced Oct. 26, 2007, to 15 years, 8 months in prison and ordered to pay $7.8 million in restitution.