R. Michael Gee of Mooresville, North Carolina, received a 24 months in prison sentenced, followed by 36 months of supervised release. He will have to repay also $3,563,125.27 in restitution for his crimes. Gee pleaded guilty in June of 2009 to in connection with his participation in a mortgage fraud scheme involving about $15 million in loans and more than 200 properties.
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