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Straw Buyer Recruiter Sentenced
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December 5, 2008
Three of four people accused of running a straw buying scam have pleaded guilty and the recruiter in the $1.5 million scheme was sentenced to 15 months in federal prison.
Jose Serrano, 45, recruited fake buyer over a two-year span to purchase 10 homes in Stockton, Calif. along with Iftikhar Ahmad, and two others. Serrano was ordered to pay more than $219,000 in restitution.
Read story at KFTY News
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