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Man Who Recruited Churches into Fraud Scheme Sentenced

Chester Peggese, 59, Los Angeles, California was sentenced to serve one year and one day in federal prison yesterday in connection with recruiting churches into a $4.2 million mortgage scheme that defrauded Broadway Federal Bank.  Peggese was also ordered to pay restitution of $4.2 million to Broadway Federal Bank and $38,609 to the Internal Revenue Service. Peggese […]



This post first appeared on Mortgage Fraud, please read the originial post: here

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Man Who Recruited Churches into Fraud Scheme Sentenced

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