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 go her operations to Miami, Florida) was sentenced to 30 age in federal prison house and ordered to pay approximately $12 million in restitution. This sentence is believed to be the virtually severe ever turn over down in the fall in States in a mortgage trick case. McFarlandÂ was convicted on February 15, 2005, on a 170-count indictment that included charges of conspiracy, bank fraud, wire fraud, stake fraud, identity theft, double-dealing use of social security numbers, specie laundering, obstruction of judge and perjury arising out of her involvement with a mortgage fraud ring that flipped more than one degree Celsius homes inÂ Atlanta, Georgia. seventeen of her nineteen co-defendants testified against her at the trial. During the sentencing hearing, Judge take to the woods far-famed that mortgage fraud is a very unspoiled caper and thatÂ McFarlandsÂ conduct had victimized banks, mortgage and title insurers, college students whose financial identities were stolen, and the neighborhoods in which theÂ flipping ringÂ operated.
He citedÂ McFarlands lack of remorse, her prominent manipulation in controlling the scheme, and the fact that she abused the public confide and her frame as an attorney as factors contributing to the cogency of the sentence. match to the pre-sentence report,Â McFarlandÂ could have been sentenced to life in prison. Ass istant US attorney Barbara Nelan, moved for! a downward departure and asked for a lower limit of 30 years. McFarlandÂ was originally indicted on May 13, 2004. withal indicted at various times and subsequently pleading indictable to charges related to the multi-million dollar mortgage fraud scheme initiated and score by McFarland were: paralegalsÂ Brenda G. Brown, 45, of Lithonia, Georgia andÂ Lisa R. Bellamy, 33, of Decatur, Georgia;...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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