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Ninth Defendant Sentenced in Elk Grove Mortgage Fraud Case (Federal Bureau of Investigation - Sacramento Field Office)

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(Source: Federal Bureau of Investigation - Sacramento Field Office) SACRAMENTO, CA-Dana Faulkner, 48, resident of Oakland, CA, was sentenced today by United States District Judge John A. Mendez to one year in prison for conspiring to commit mail fraud and make false statements in loan applications, United States Attorney Benjamin B. Wagner announced. In addition, Faulkner was ordered to pay over $3 million in restitution to defrauded financial institutions. Faulkner is the ninth defendant to be sentenced as the result of a large scale mortgage fraud scheme operating out of the Elk Grove headquarters of...

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