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Former Judge Pleads Guilty to Mortgage Fraud
TAMPA, FL - August 11, 2009 - (RealEstateRama) -- United States Attorney A. Brian Albritton announces that Thomas E. Stringer (Tampa, Florida) today pleaded guilty to one count of bank fraud fore Magistrate Judge Mark A. Pizzo. Stringer faces a maximum penalty of thirty years in federal prison. However, because it appears that no one sustained a loss from the commission of the crime, the relevant sentencing guidelines contemplate the imposition of a non-custodial sentence. United States intends to seek forfeiture of $222,362.00, the amount of the proceeds from the fraud. A sentencing date has not been set