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Mortgage fraud sends Georgia real estate agent to prison

Atlanta Real Estate Agent Sentenced For Running Multi-Year Mortgage Fraud Scheme

Atlanta real estate agent, Eric Hill, has been sentenced to prison for his participation in a mortgage fraud scheme that netted more than $21 million in fraudulent mortgage loans. Many of the fraudulent loans were financed by the Federal Housing Administration (FHA) with over $850,000 in claims being paid for mortgages that defaulted. Hill also engaged in a scheme to defraud his employer, a national real estate developer, out of more than $480,000  in real estate commissions. 

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