Man Sentenced for Straw Buyer Scam

Allison Tussey —  May 19, 2011 — Leave a comment

Beyond Wynn, 37, Shaker Heights, Ohio, was sentenced to 18 months in prison for his role in a mortgage fraud scheme that involved more than two dozen properties.  Wynn pleaded guilty in 2010 to conspiracy to commit wire fraud. As previously reported by Mortgage Fraud Blob, Wynn was charged and admitted selling properties, and profiting from those sales, to people he knew to be straw buyers.

Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, announced the sentencing.

This case was prosecuted by Assistant U.S. Attorney Mark S. Bennett following an investigation by the Cleveland Division of the Federal Bureau of Investigation.

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