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No Reprieve for Appraiser
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April 27, 2009
An appraiser found guilty of falsely inflating the value of homes in a multimillion-dollar mortgage fraud scheme appealed her conviction citing trial-errors made by the judge.
Fransene Berry, of Jackson, Miss., was charged in 2006 for participating in a mortgage fraud flipping scheme - purchasing and selling properties on the same day. Berry allegedly received commissions and fees from overvalued homes involved in the scheme.
The 5th U.S Circuit Court of Appeals in New Orleans upheld the conviction and Berry will serve 46 months in prison.
Read story at The Advertiser
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