PHILADELPHIA (AP) - A lawyer and the former township supervisor of Doylestown in Bucks County will spend 18 months in federal prison for his role in a mortgage fraud scam that preyed on homeowners facing foreclosure.
The Intelligencer (https://bit.ly/1hV4JMF) said at his sentencing Friday, Jeffrey Bennett was also ordered to forfeit more than $200,000 in proceeds from the scheme. His law partner Stephen Doherty was sentenced earlier this week to a year and a day in prison.
They were among five people indicted several years ago in the scheme, which resulted in at least 35 fraudulent mortgage loans worth more than $10 million.
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Authorities said the group targeted distressed homeowners, falsely promising they could save their homes. Instead, they obtained fraudulent mortgages and helped themselves to whatever equity was left in the homes.
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Information from: The Intelligencer, https://www.theintell.com
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