Five people were sentenced to prison terms this week in connection the ongoing mortgage fraud case in Cincinnatti, Ohio that has netted over three dozen guilty pleas. The case involves flipping of homes in low income neighborhoods of Cincinnatti. Those sentenced this week were:
Richard Fraser, 46, Cape Coral, Florida, was sentenced to two years in prison, five years' probation, 600 hours of community service, a $45,000 fine and was ordered to pay $45,312 in restitution to the IRS.
David M. Green, 49, Franklin, Ohio, was sentenced to 26 months in prison, three years' probation, 600 hours of community service, a $50,000 fine and was ordered to pay $82,751 in restitution.
Jeffrey Henry, 44, Cincinnati, Ohio was sentenced to 12 months in prison, five years' probation, 600 hours of community service, a $10,000 fine and was ordered to pay $16,612 in restitution to the IRS.
Lisa Holderman-Powers, 31, Cincinnati, Ohio, was sentenced to 18 months in prison, five years' probation, 600 hours of community service, a $35,000 fine was ordered to pay restitution of $1,020,603.
Timothy Husvar, 33, Somerville, Ohio, was sentenced to 24 months in prison, five years' probation, 600 hours of community service, a $40,000 fine and was ordered to pay restitution of $26,589 in restitution.


Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.