WATCH WJZ @ NOON ON SATURDAY | The Army-Navy rivalry comes to Baltimore. WJZ has live pre-game ceremonies and the game.

Man Sentenced In Mortgage Fraud Scheme

BALTIMORE (AP) — Federal prosecutors say a Maryland man has been sentenced to 33 months in prison for participating in a scheme to defraud lenders, family members and others of more than $1.4 million through a series of real estate transactions.

Douglas Skibicki, 42, of Bethesda also was ordered Thursday to pay restitution. The exact amount will be determined later.

According to his plea agreement on mail fraud charges, Skibicki was a mortgage originator and/or broker for a company that operated in Laurel. Prosecutors say Skibicki admitted that from April 2006 through August 2009, with the assistance of an appraiser, he defrauded people.

Among other things, prosecutors said in a statement that Skibicki admitted that he made and caused to be made misrepresentations to other lenders in order to obtain mortgages on properties.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

Comments

One Comment

  1. chetta-ketta says:

    They should show all these pricks no mercy for turning peoples lives upside down & miserable.

  2. sue says:

    You should learn all the facts before you judge. All the facts are not in this report.

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
Your Podcast Network Play.it

Listen Live