Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million

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Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million . Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million . The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million. Robert Pena pleaded guilty in 2017 to one count of conspiracy and six counts of wire fraud.

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