Wayne Puff given 18 years and ordered to pay over $100 million restitution

Wayne Puff 18 Years Ordered Pay $100 Million - Politics, Business, Civil, History - Posted: 18th Jan, 2010 - 1:04pm

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Post Date: 18th Jan, 2010 - 1:04pm / Post ID: #

Wayne Puff given 18 years and ordered to pay over $100 million restitution

Wayne Puff given 18 years and ordered to pay over $100 million restitution
Mortgage Fraud News From MortgageFraud.org

Wayne Puff, the ringleader of a massive Ponzi scheme which defrauded hundreds of investors and mortgage lenders of more than $100 million through a purported real estate investment business, was sentenced to 216 months in federal prison today, U.S. District Judge Jose L. Linares also ordered Puff, 61, of Old Bridge, to pay approximately $101.1 million in restitution and to serve 3 years of supervised release upon the completion of his prison term.
Source: Daily Mortgage Fraud News

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