Kartesz Gets 3 Years in Prison
A former Bradford landlord has been sentenced to three years and seven months in federal prison for his role in a widespread Erie mortgage-fraud scheme.
39-year-old Frank Kartesz II was also fined $30,000 and ordered to pay $50,000 in restitution to victims.
Kartesz pleaded guilty to fraud and conspiracy charges in March, and became the second person to receive prison time in the case. 60-year-old Robert Dodsworth was sentenced in March to six years and four months in federal prison after pleading guilty to fraud and conspiracy charges. Three others also face charges.
The U.S. Attorney’s Office in Erie says Kartesz was part of a scheme in which he and others bought run-down houses and sold them at inflated prices.
The government says the victims lost more than $1 million.
39-year-old Frank Kartesz II was also fined $30,000 and ordered to pay $50,000 in restitution to victims.
Kartesz pleaded guilty to fraud and conspiracy charges in March, and became the second person to receive prison time in the case. 60-year-old Robert Dodsworth was sentenced in March to six years and four months in federal prison after pleading guilty to fraud and conspiracy charges. Three others also face charges.
The U.S. Attorney’s Office in Erie says Kartesz was part of a scheme in which he and others bought run-down houses and sold them at inflated prices.
The government says the victims lost more than $1 million.
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