Attorney Sentenced to Prison for Wire Fraud and Money Laundering in a Multi-Million-Dollar Mortgage Fraud Scheme
HOUSTON, TX – July 25, 2011 – (RealEstateRama) — Vincent Wallace Aldridge, a former fee attorney for First Southwestern Title Company, has been sentenced to 63 months’ imprisonment for wire fraud and money laundering arising from a scheme to defraud residential mortgage lenders of more than $3.7 million in loans in connection with home purchases in the Houston area, United States Attorney José Angel Moreno announced today, along with FBI Special Agent in Charge Stephen L. Morris and Internal Revenue Service-Criminal Investigations (IRS-CI) Special Agent in Charge Rodney E. Clark.