The Associated Press is reporting that Kathy Chen, a California real estate broker, was sentenced to 68 years. Ms Chen was convicted for using stolen identities to purchase 35 homes and then intentionally defaulting on the mortgages to steal $17.5m.
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The 49-year old Chen was found guilty on 136 felony counts including conspiracy, grand theft, and forgery. Warrants have been issued for her boyfriend and brother who authorities believe have escaped to Mexico.
The crimes were committed between 2005 and 2007. I don’t think that 3 to 5 years of living the high-life is worth spending the rest of her life in prison.
Crime doesn’t pay.
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