(Source: United States Attorney's Office for the Eastern District of California) SACRAMENTO, Calif. - U.S. District Judge John A. Mendez sentenced Rachel Siders, 41, of Roseville, to 14 and a half years in prison for her involvement in mortgage fraud schemes that cost financial institutions over $17 million, Acting U.S. Attorney Phillip A. Talbert announced. Federal juries returned verdicts in two trials, in March 2015 and December 2015 finding her guilty of multiple counts of bank fraud, wire fraud, mail fraud, making a false loan application, and committing aggravated identity theft. According to evidence presented at the first trial, in 2008 Siders and co-defendant Theo Adams, 50, of...
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