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WILM News Desk

CBS 10 WILM news

Wilmington man convicted of mortgage fraud 9-20

Posted: September 20, 2012

A Wilmington man will serve six years in prison for a mortgage fraud scheme.
Federal prosecutors say Daniel Ostby made more than $3.5 million by committing wire fraud and money laundering.
In addition to prison time--Ostby was fined $1.2 million.

 

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