Former Real Estate Agent Sentenced for Fraud Scheme

6 years 10 months 2 weeks ago Monday, October 03 2011 Oct 3, 2011 Monday, October 03, 2011 2:42:00 PM CDT October 03, 2011 in News
By: Associated Press

KANSAS CITY (AP) - A former Lee's Summit real estate agent has been sentenced to 20 months in federal prison and ordered to pay more than $5.6 million in restitution for her part in a mortgage fraud scheme. 

Forty-two-year-old Angela Clark is among 19 defendants who have pleaded guilty and been sentenced in the $12.6 million scheme. Prosecutors say the fraud involved 25 expensive homes in the Kansas City suburbs of Lee's Summit and Raymore and lasted from February 2005 through May 2007. 

The U.S. Attorney's Office says Clark received more than $400,000 in commissions and other payments from inflated prices on the new homes built by Raymore builder Jerry Emerick. Emerick was sentenced earlier to 2 1/2 years in prison and ordered to pay more than $5 million in restitution.

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