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- Neal Boortz defends Hillary Clinton for representing child rapist
- House task force to recommend National Guard on border, faster deportations
- Top federal judge uses pizza to explain complex Obamacare situation
- Obama, Biden overhaul job training programs
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- ISIL now forcing Iraqi shopkeepers to veil mannequins in Mosul
- 11 parents of Nigeria’s abducted girls die
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- Turkish P.M. Erdogan won’t speak to Obama, but he’ll take calls from Biden
Topic - Alma Preciado
Two summers ago, Alma Preciado, once a rising figure in Maryland politics and a successful mortgage broker, was scheduled to be sentenced in Montgomery County after she pleaded guilty to theft in a loan deal that cost a retired couple $350,000.
Alma Preciado, a mortgage broker and one-time prominent figure in Maryland politics, has been captured in Mexico more than a year after she skipped her sentencing in a mortgage fraud case that prompted a judge to call her Montgomery County's own "little Bernie Madoff."
With mortgage fraud rising sharply across the U.S., there are many cautionary tales about the pitfalls of a deal too good to pass up.
In a recent restitution hearing, she denied ever misleading the Valeses about the security of their loan.
She said Mr. Vales had done business with her in the past, including deals involving smaller unsecured loan transactions.