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Two New London residents sentenced in mortgage fraud scheme

Published 04/12/2012 12:00 AM
Updated 04/13/2012 12:53 AM

Two New London residents were sentenced to federal prison this week after having previously pleaded guilty to one count each of conspiracy to commit mail fraud and wire fraud.

Yunio Gonzalez, 60, was sentenced Wednesday to 24 months in prison followed by two years of supervised release while Jane Soulliere, 45, was sentenced Thursday to 21 months of prison and two years of supervised released.

The two are among 16 people that have pleaded guilty in a mortgage fraud scheme that the United States District Attorney’s office for Connecticut says funded more than 200 fraudulent mortgages between 2004 and 2007. Many of the properties have been foreclosed on and lenders have suffered losses of approximately $9 million.

As part of her sentence, Soulliere was ordered to make restitution of approximately $901,152 and to forfeit $28,000 of fraudulently obtained proceeds.

Gonzalez was ordered to make restitution of $295,762.17 and was ordered to forfeit $25,000 of fraudulently obtained proceeds.

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