BAKERSFIELD, Calif. - The jury in the Julie Farmer case has returned a verdict Tuesday, according to United States Attorney Benjamin B. Wagner.
According to U.S Attorney Wagner, a federal jury in Fresno has found Farmer guilty of conspiracy to commit mail fraud, wire fraud and bank fraud, and two counts each of mail and wire fraud.
Farmer was found not guilty on one count of wire fraud, one count of mail fraud and one count of conspiracy to launder money.
The charges are for her involvement in an extensive mortgage fraud scheme that ran from January 2004 to September 2007.
"The jury's verdict marks the end of a long and thorough investigation that resulted in the conviction of 14 defendants before this trial even began," said U.S. Attorney Wagner. “The fraud perpetrated at the Crisp, Cole & Associates real estate firm harmed neighborhoods, local builders, consumers, and lenders. This office has earned a national reputation for mortgage fraud prosecutions, and we will continue to bring to justice anyone who commits these crimes.”
Once sentenced, Farmer faces a maximum of 30 years in prison and a $1 million fine. She will be sentenced on July 14.
Defense attorneys gave their closing arguments last Friday. The government quickly responded and then the case was turned over to the jury.
The jury in the Julie Farmer case went home at 4:30 p.m. Friday and returned Tuesday at 8:30 a.m. to continue deliberations.
Farmer is the only defendant in the Crisp & Cole mortgage fraud scheme not to take a plea deal.
Task force cracks down on illegal fireworks
As many celebrate the birth of a nation with the rocket's red glare, the Kern County Fire Department is making sure residents do so without…
Celebrate 4th of July in Tehachapi
The City of Tehachapi is celebrating the Fourth of July with festivities happening all day long.
KC fire starts special task force for fireworks
As celebrations begin this fourth of July weekend, the Kern County Fire Department is ramping up patrols to make sure you stay safe.
Health experts argue spray-on sunscreen
As you are getting ready to enjoy the weekend, packing up the kids and heading to the pool or other outdoor activities, health experts…