Last week, a former Tampa-area mortgage broker was sentenced to 15 months in federal prison after pleading guilty to making false statements to financial institutions on mortgage applications. Jonathan Marmol and real estate developer Mordechai Boaziz cooperated in a scam that saw Marmol’s lending partners lose more than $5 million.

The scheme dates back to before the 2007 financial meltdown, when most U.S. housing markets were being fuelled by a combination of shady lending and oversight which, in hindsight, was so weak that it bordered on the absurd. It was the perfect environment for Boaziz and Marmol to try and pull one over on the banks.

In 2006, the pair were working on a condo conversion project for which Marmol was hired to market the

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