Mortgage Fraud

18 U.S.C. § 225 (2005).

The Crime

It is a crime under section 225 for a person to

  • organizes, manages, or supervises a continuing financial crimes enterprise; and
  • receives $ 5,000,000 or more in gross receipts from such enterprise during any 24-month period. 18 U.S.C. § 225(a).

The Punishment

The punishment for violating section 225 is

  • a fine of not more than
  • $ 10,000,000 if an individual, or
  • $ 20,000,000 if an organization, and
  • imprisoned for a term of not less than 10 years and which may be life. 18 U.S.C. § 225(a)