Mortgage fraud scheme lands former real estate agent in jail

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Over the next year, a former realtor will show nothing more than the inside of a prison cell for faking the sale of houses to get advances on commission he didn’t make. Cecil Burke, 53, falsified eight purchase and sale agreements between 2009 and 2011, forging buyers’ signatures, making up their mortgage approvals and carrying out a “complex and sophisticated scheme,” according to court documents. Justice William Goodridge sentenced Burke to a year in a penitentiary and two years of probation. Burke was also ordered to pay back $35,821.85 — the outstanding balance on the loans, not including interest — and pay a $300 victim surcharge.

Read the full article at CBC News.