Consumer Law

Californian who operated $4 million mortgage fraud scheme sentenced to 8 years in prison

A California man who operated a $4 million mortgage fraud scheme throughout the southern part of the state has been sentenced to nearly eight years in prison and must pay more than $200,000 in restitution, according to the California Attorney General’s Office.

Prakashumar (“Kash”) Bhakta and several co-defendants were charged with targeting homeowners facing foreclosure and offered legal help to stop the foreclosure. Bhakta and his cohorts then filed fake bankruptcies and court filings. 

Read the source article at Legal Newsline

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