Bay Area real estate pros sentenced to prison in $55M mortgage fraud scheme
Corruption,Fraud,Politics,San Francisco
A former San Francisco real estate broker and two of his aides were sentenced to federal prison and ordered to pay more than $3 million Tuesday for fabricating documents that inflated homebuyers’ apparent incomes and helped them qualify for loans. The broker, Tjoman Buditaslim, 52, was sentenced to two years in prison by U.S. District Judge Charles Breyer. Jose De Jesus Martinez, 59, of Daly City, a former real estate agent, was sentenced to 14 months, and Jose Alfonso Tellez, 27, of San Jose, was sentenced to a year in...
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