One sentenced for fraud

  • By Business Observer Staff
  • | 4:00 p.m. September 5, 2012
  • Tampa Bay-Lakeland
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TAMPA — After pleading guilty to conspiring to commit mortgage fraud June 7, Francis Reeder, 47, of Fort Lauderdale, was sentenced to 40 months in federal prison. In addition, Reeder must pay more than $5 million in restitution to lenders affected by his fraudulent scheme.

 

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