Allen Seymour, of Oxford, has been sentenced to a maximum of two and half years in state prison after pleading guilty to mortgage fraud.

Seymour’s mortgage fraud scheme targeted properties in danger of foreclosure. It involved fraudulent documents which were used to defraud homeowners and mortgage lenders in numerous real estate transactions involving distressed properties in the Worcester County area, according to Attorney General Martha Coakley’s office. Seymour pleaded guilty to charges of forgery (four counts), uttering (eight counts), inducing a lender to part with property (12 counts) and larceny by false pretenses.

Seymour was also ordered to pay $750,000 in restitution to the victims, according to a statement. He will follow up his jail sentence with five years of probation, during which he will be prohibited from working in the real estate industry.

Raymond A. Desautels III and Judith Piette were previously sentenced in connection with this case. Desautels pleaded guilty to the charges of inducing a lender to part with property (5 counts) and was sentenced to serve two years in state prison. Former notary public Judith Piette pleaded guilty to the charge of false written report by public officer (4 counts) and was ordered to serve two years of probation.

Oxford Man To Spend Time Behind Bars For Mortgage Fraud Scheme

by Banker & Tradesman time to read: 1 min
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