Suspended CPA Sentenced in Mortgage Fraud Case

admin —  April 14, 2010 — Leave a comment

Morton Daniel Bohn, 69, Tigard, Oregon, was sentenced after admitting guilt on federal charges of bank fraud and money laundering. The defendant was ordered to serve one year and one day in federal prison and pay restitution of $288,171. Bohn was ordered to report to the Bureau of Prisons on June 15, 2010.

As previously reported on Mortgage Fraud Blog, Bohn, a former Certified Public Accountant whose license has been suspended by the Oregon Board of Accountancy, previously admitted guilt in a scheme to defraud Countrywide Financial Corporation (“Countrywide”) and Silver Falls Bank. Bohn used his financial expertise as an accountant to defraud Countrywide and Silver Falls Bank of funds by fabricating and submitting fraudulent individual income tax returns, between the years of 2003 and 2007, to his mortgage broker in support of applications to the financial institutions. The Silver Falls Bank has since been closed by the Federal Deposit Insurance Corporation (FDIC).

This investigation was conducted by the Internal Revenue Service – Criminal Investigation and was prosecuted by Assistant U.S. Attorney Craig J. Gabriel.

Be Sociable, Share!


Posts Google+

No Comments

Be the first to start the conversation.

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>