Two OC Men Sentenced in Loan Modification Scheme
Two Orange County men were sentenced Wednesday to five and 12 years in prison for their roles in a Santa Ana-based home loan modification scheme during the Great Recession in 2008. Aminullah “David” Sarpas and Samuel Paul Bain started Santa Ana-based U.S.
About 1,600 homeowners lost about $3.5 million in the scheme, prosecutors said. Many of the victims lost their homes during ’08 recession.