Sentencing Finally saw an article where a mortgage executive was sentenced to a jail term for bank fraud during the financial crisis chaos. Michael Ashley’s company, Lend America, imploded to the tune of $49M in losses in 2009. His sentence: 3 years in prison, $49M in restitution, and a forfeiture of $800,000.00. The judge did […]
![LENDER IS GOING TO PRISON Bank fraud](https://www.duanegomer.info/wp-content/uploads/2019/07/Bank-fraud-200x200.jpg)