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Chalana McFarland Sentenced to 30 Years in Prison Thursday, August 25 2005 08:59 tabun Hands Down Longest owe Fraud Sentence Chalana McFarland, a/k/a Chalana Cosby a disbarred closing attorney from endocarp Mountain, Georgia (who later move her operations to Miami, Florida) was sentenced to 30 age in federal prison and ordered to pay approximately $12 million in restitution. This sentence is believed to be the virtually severe ever pass down in the fall in States in a mortgage invention case. McFarland was convicted on February 15, 2005, on a 170-count indictment that included charges of conspiracy, bank fraud, wire fraud, stake fraud, identity theft, unsound use of social security numbers, specie laundering, obstruction of umpire and perjury arising out of her involvement with a mortgage fraud ring that flipped more than one degree Celsius homes in Atlanta, Georgia. xvii of her nineteen co-defendants testified against her at the trial. During the sentencing hearing, Judge take to the woods historied that mortgage fraud is a very beneficial hassle and that McFarlands conduct had victimized banks, mortgage and title insurers, college students whose financial identities were stolen, and the neighborhoods in which the flipping ring operated.

He cited McFarlands lack of remorse, her prominent manipulation in controlling the scheme, and the fact that she abused the public confide and her persuasion as an attorney as factors contributing to the cogency of the sentence. check to the pre-sentence report, McFarland could have been sentenced to life in prison. Assistant US lawyer Barbara Nelan, moved for a downward departure and a! sked for a minimum of 30 years. McFarland was originally indicted on May 13, 2004. withal indicted at various times and subsequently pleading indictable to charges associate to the multi-million dollar mortgage fraud scheme initiated and score by McFarland were: paralegals Brenda G. Brown, 45, of Lithonia, Georgia and Lisa R. Bellamy, 33, of Decatur, Georgia;...If you want to get a full essay, order it on our website: BestEssayCheap.com

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