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Prison - 5 Years - S.C. Man Sentenced for Mortgage Fraud As mortgage fraud grows, being listed by most sources as a hot topic for 2008, we are now beginning to see the outcome of the unethical choices made that has contributed to the credit and housing meltdown. Five years in prison and $4 million in restitution is no laughing matter for a South Carolina man. [VIEW ARTICLE]Comments RSS Feed For This Article: 
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Subject: Kyle Wimmer
I just found your article today on the Wimmer case and I am glad he was caught but you stated he lost everything. This is not the case. He was able to make a deal that allowed him to sell his mansion "estate" style house to his wife for the whopping cost of $1.00. Now you tell me how is this possible. They should have seized the house and used the profits from the sell it for the victims. I hope the victims got some of their money back and not the lawyers.