1.18.2009

Random News Story

There's a long story today in the Star Telegram about the prosecution of cases involving mortgage fraud. And therein was this example:

Last year, Lobingier prosecuted Stephen B. Jones, 44, who falsified documents to inflate his income so he could purchase a $650,000 house. Jones, who was in training to be a mortgage broker, pulled other people’s financial records, whited out their names and typed in his own.

An astute underwriter discovered the scam. A jury later convicted Jones of making a false statement to obtain property and sentenced him to 45 years in prison.

Please tell me there's more to the story than that. 45 years? For that?