Straw buyers in Hartville found guilty of conspiracy in mortgage fraud scheme

Date Published: 
July 8, 2013
News Type: 
News
Program Area(s): 
Single-family Housing

An Akron man will spend 10 years in prison for leading a mortgage fraud scheme in Northeast Ohio and Florida, according to federal prosecutors.

Jack R. Coppenger, 50, appeared in federal court Monday after previously pleading guilty to two counts of conspiracy. U.S. District Judge John Adams called Coppenger an “economic predator” and said he would determine the amount of restitution Coppenger would pay later. The government requested $35 million.