$11 Millon Loan Scheme Lands Former CEO In Prison

David Findel, former CEO of Worldwide Financial Resources, a mortgage origination firm in New Jersey, was sentenced to 63 months in prison on September 27, 2011 for a connection with an $11 million fraudulent loan scheme. Previously, Findel pleaded guilty to an Information charging him with wire fraud. According to the Information to which Findel … Read more