17-07-2018 14:57 via ocregister.com

Irvine man gets 8 years for $2.3 million loan modification scam

An Irvine man involved in a multi-million dollar loan modification and money laundering scheme has been sentenced to eight years in prison after admitting to dozens of felonies.
Assad Suleiman, 48, pleaded guilty late last week to 64 felony counts, including money laundering, grand theft and second-degree burglary. He was also ordered to pay about $1.5 million in restitution.
Prosecutors allege that Suleiman was connected to a “sophisticated loan modification scheme” that defrauded n
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