LAFAYETTE, La. (AP) - A federal judge considered sentencing a woman involved in a St. Martinville mortgage lending scheme to 33 months in prison, but he postponed the hearing after a question arose as to how much money the woman made off the scheme.
The Advocate reports Mary L. Francois, who owned America's Best Mortgage and Creative Solutions, was indicted by a federal grand jury in September on 32 counts of wire fraud.
She pleaded guilty in April to two counts of wire fraud.
Assistant U.S. Attorney Luke Walker said Monday Francois made more than $400,000 by submitting false loan applications on behalf of clients to mortgage lenders.
Francois said she never made the amount she is accused of making.
She said her company only received a percentage of the loan.

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