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learnedly read, too; in part, of intellectual rigor
Posted Sunday, December 14, 2008
A Haitian citizen was sentenced to 17 years in federal prison following his
conviction last year in a mortgage-fraud case that resulted in more than $9
million in losses to Phoenix-area banks.
|A Haitian man is sentenced
to 17 years in prison for his participation in a
$9M mortgage fraud
Mario G. Bernadel was found guilty in September of 19 counts of mortgage and
related fraud for a two-year scheme in which he bought 37 properties with
fraudulent loan documents and received cash back at the closing. Bernadel used
the money to purchase several homes and luxury vehicles, the Justice Department
Bernadel, who is a legal U.S. resident, will be deported to his native Haiti
after he completes his sentence.
Seven others were also charged and pleaded guilty for their involvement with
Bernadel in the mortgage fraud and will be sentenced in the next few months, the
Justice Department said.
Bernandel and his co-conspiritors were part of an investigation by the Federal
Bureau of Investigation's Mortgage Fraud Task Force.
-By Yogita Patel, Dow Jones Newswires; 212-416-2262;
Copyright ©2010 Dow Jones & Company, Inc.
|Wehaitians.com, the scholarly journal of
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