The short sale in Michigan allowed the couple to erase nearly $600,000 in mortgage debt on the $1.5-million Grosse Pointe Park home, which eventually sold for $850,000. The debt-free Windermere, Fla., home then went back into their names.
The maximum penalty on conviction of bank fraud is 30 years in prison.
The maximum penalty on conviction of bank fraud is 30 years in prison.
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Not if you’re a Democrat in good standing with the Party. Very unlikely she’ll ever do any real time.