One of seven criminals who defrauded lenders in order to acquire properties for the purpose of growing marijuana has been ordered to prison.
Jenny Chi Ha, aka Phuong A. Ha, 44, of Fresno, was sentenced to 21 months and five years of supervised release for her participation in the acquisition of two of the homes, according to U.S. Attorney Benjamin Wagner. U.S. District Judge Lawrence O’Neill, who pronounced the sentence, also ordered Ms. Ha to make financial restitution to the lender. Ha was a card dealer who submitted false information to the lenders (loan fraud, mortgage fraud) so that she could acquire the loans.
Law enforcement seized 3,600 pounds of marijuana during their investigation.
The six other defendants already pleaded guilty. They are Xi A. “Andy” Lieng, 43; brothers Tony Lieng, 38, and Richard Lieng, 29; Lynn Truong, 40; and Shirley Wong, 40. Monique Le Nguyen, aka Monique Dzung Le, 62, was the mortgage broker for five properties and she surrendered her real estate license in addition to having already served her prison sentence.
All in all, a good day for law enforcement: 7 convictions, 7 prison sentences and restitution to the banks.
Read the original article in the Central Valley Business Times.