Former Regional Director Of Non-Profit Corporation Sentenced For Bribery Conspiracy Involving Federal Funds - FORECLOSURE FRAUD

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Former Regional Director Of Non-Profit Corporation Sentenced For Bribery Conspiracy Involving Federal Funds

Former Regional Director Of Non-Profit Corporation Sentenced For Bribery Conspiracy Involving Federal Funds

LAS VEGAS, Nev. – A former regional director of community development for the National Community Stabilization Trust — formed in 2008 in response to the national mortgage-housing foreclosure crisis — was sentenced Tuesday to one year and one day in prison for conspiracy to commit bribery concerning programs receiving federal funds.

“The U. S. Department of Housing and Urban Development (HUD) entrusts non-profit organizations to administer HUD programs honestly and creatively to help improve the housing market. Their expertise is critical to stabilizing the nation’s housing economic recovery. When fraud is perpetrated against HUD, a significant impact is made on that recovery. One of the primary goals of the HUD Office of Inspector General (OIG) is to investigate fraud, waste, and abuse, and present findings to prosecutors; such findings aid in maintaining the integrity of HUD programs. Barajas’ actions violated that trust and he must now face the consequences,” stated Michael Gibson, Special Agent in Charge, HUD OIG, Los Angeles, California.\

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https://www.justice.gov/usao-nv/pr/former-regional-director-non-profit-corporation-sentenced-bribery-conspiracy-involving

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