FRESNO, Calif. - It has been six years since federal investigators cracked down on a Bakersfield real estate office for mortgage fraud.
The husband and wife team of David and Jennifer Crisp were sentenced Monday for their roles in orchestrating the nearly $30 million fraud.
Jennifer and David entered the federal courthouse in Fresno with family members along side.
David started crying as he pleaded with the judge for a shorter sentence Monday morning, but he was sentenced 17.5 years in prison, the same as Carl Cole.
Jennifer Crisp was sentenced to 5 years probation. The judge called it a "break of a lifetime." She was accused of acting as a straw buyer for the company.
"I thought it was just," said Gary Huss, a defense attorney for Jennifer Crisp.
According to court documents and co-defendants David Crisp, Carl Cole, Jennifer Crisp and others created a scheme to defraud mortgage loan companies and lending institutions from January 2004 through September 2007.
Investigators said the Crisps, along with their partner Carl Cole bought and sold properties at inflated prices, skimming the home's equity each time.
The scheme cost lenders $30 million.
Both pleaded guilty in 2013.
David Crisp was charged with 56 counts of mail, wire, bank fraud and conspiracy to launder money.
Jennifer Crisp was charged with 11 counts of mail, wire, bank fraud and conspiracy to launder money.
The judge added that if Jennifer commits any violations during her probation, he wouldn't hesistate to send her to prison.
Love 4 Thanksgiving: Volunteers prepare
Thousands of volunteers have been away from home so they can provide a Thanksgiving meal to the less fortunate here in Kern County.
350 families receive basket for holiday meal
Bakersfield North Rotary, North High School Interact Clubs, Standard School District, The Hope Center and the Bakersfield Jam all partnered…
Build shopping list with over 30 BlackFriday ads
23ABC has gathered together the best Black Friday Ads for 2014 and the ads are all available without having to leave our app.
Arvin Christmas parade canceled
The Arvin Christmas parade has been canceled due to the incoming storm that is supposed to hit this weekend.