LawFuel.com – Preet Bharara, the United States Attorney for the Southern District of New York, announced that EDWIN MANSOUR, JR. was sentenced today in Manhattan federal court to 51 months in prison for his role in what is believed to be the largest known credit repair fraud scheme ever charged. His co-defendant, Denise Hudson was sentenced earlier this month to 30 months in prison. MANSOUR and Hudson were ordered to pay more than $9.3 million in restitution for the losses caused by the scheme.
In October 2012, MANSOUR and Hudson each pled guilty to one count of conspiracy to commit bank fraud and Hudson also pled guilty to one count of conspiracy to cause damage to a protected computer. Their sentences were imposed by U.S. District Judge Naomi Reice Buchwald. Edwin Jacquet (“Jacquet”), the leader of the scheme, was sentenced by Judge Buchwald to 63 months in prison in December 2012.