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Author Topic: Former Beverly Hills appraiser sentenced in real estate fraud ring  (Read 176 times)
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« on: February 02, 2010, 07:14:39 AM »
A former Beverly Hills real estate appraiser was sentenced to three years in federal prison Friday for her role in a multimillion-dollar real estate fraud ring.

A Los Angeles federal judge also ordered Lila Rizk to pay part of $46 million in restitution to RBC Mortgage, a subsidiary of the Royal Bank of Canada; Bank of America Corp.; and other lenders that together lost about $50 million on loans totaling $142 million in the scheme, said Assistant U.S. Atty. Jeremy Matz.

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« on: February 02, 2010, 07:14:39 AM »
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