White-Collar Crime

Lawyer Gets Nearly 4 Years in Fraud Case Over Refi of His Own Home

  •  
  •  
  •  
  •  
  • Print.

A Hollywood, Fla., lawyer was sentenced to three years and 10 months in federal prison for embezzling $1.6 million in loan proceeds, including $1 million in a refinancing of his own home.

Instead of paying off the prior lender on his home as he claimed to have done, however, Peter Price, 49, pocketed cash from the refi, reports the South Florida Business Journal.

Give us feedback, share a story tip or update, or report an error.