Wheeling mortgage broker sentenced for defrauding customers



We also have more stories about:
(click the phrases to see a list)

Subjects:

Places:

 


WHEELING, West Virginia — A Wheeling mortgage broker will spend nearly three years in prison for defrauding customers.

Fifty-one-year-old Mark C. Busack also must pay restitution to the victims and to the Internal Revenue Service. U.S. Attorney William J. Ihlenfeld II says a Sept. 24 hearing is scheduled to determine the amount of restitution.

Busack was sentenced to 35 months in prison on Monday in U.S. District Court in Wheeling. He had pleaded guilty in December 2014 to four counts of using an unauthorized access device and filing a false corporate income tax return.

Ihlenfeld says in a news release that Busack admitted to making more than $400,000 in unauthorized charges to customers' credit and debit accounts. He also admitted to underreporting his 2012 income by more than $300,000.

All content copyright ©2015 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528