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Crime and Punishment

Loudoun county man, Robert Mikail is already serving a three-year sentence for having switched out customers' diamonds for cheaper ones at his jewelry store. Now, Mikail, along with 58-year-old Ging-Hwang "Felicia" Tsoa, is being indicted for a mortgage fraud scheme that led to almost $19.8 million in proceeds. In addition to loving money way too much, Mikail and Tsoa were apparently bad at effectively lying. Although the mortgage scheme was widespread — it involved 36 properties in Northern Virginia — many of the loan applications the straw buyers had submitted to mortgage lenders had incomplete or outright false information and many of those loans defaulted. [Washington Examiner; Biz Journal]