Real Estate & Property Law
Paralegal Gets 33 Months in Mortgage Fraud
Posted Jun 18, 2012 12:11 PM CST
By Martha Neil
A Connecticut paralegal has been given a 33-month federal prison term, following her guilty plea, for participating in a multimillion-dollar mortgage fraud.
Loise Lampo-Diglio under an attorney's direction prepared "materially false" closing documents, including HUD-1 papers, that were submitted to lenders over a period of several years, according to a spokesman for the local U.S. Attorney's office. She is accused by the government of having known that closing paperwork did not accurately represent the facts of the transaction, the East Haven Patch reported.
Her boss, attorney David Kinney, has also pleaded guilty but has not yet been sentenced.