Tuesday, February 10, 2009

Rockford loan officer sentenced

ROCKFORD —

A 41-year-old Rockford man who was convicted in November of defrauding commercial lenders by helping shaky loan applicants receive mortgage-backed loans was sentenced to 12 years in federal prison Monday.

Mitchel A. Fuchs, also known as Mike Fox, was the final person sentenced in a three-person fraud ring that operated from at least 2002 through October 2005.

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