Real estate couple sentenced to 15 months for swindling $300K in scam

Real estate couple sentenced to 15 months for swindling $300K in scam

- A real estate couple created fake contracts to get loans from commission companies, per officials. - The fake contracts included properties not for sale and buyers and sellers who did not exist. - The couple was sentenced to 15 months in federal prison and to pay $146,273 in restitution. A husband and wife realtor team from Virginia was sentenced to 15 months in federal prison on wire fraud charges after stealing $300,000 in advance sales commission by creating fake residential sales contracts, The Department of Justice said on Thursday. Prosecutors said Jessee Allen DeLoach, 40, and Natasha Ashley Miller DeLoach, 38, created at least 19 fraudulent residential contracts between March 2016 and November 2019 and submitted them to multiple advance commission companies, according to prosecutors. The couple also altered …
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