Asima Khan, 35, owner of Financial Independent Services is going to spend 12 days in jail and have to pay $60,387 in restitution to her clients, after being prosecuted by Michigan Attorney General Bill Schuette.
Khan violated Michigan law by collecting upfront money for her services, which were mortgage modifications.
“We see this time and time again, good people who have fallen on difficult times are taken advantage of by an individual who sees nothing but dollar signs,” Schuette said in a statement. “I am pleased to see this case resolved, but I will continue to seek justice and restitution for victims of this type of crime.”
Read the original article in the Detroit News.