Christopher Jared Warren dropped out of the Air Force Academy and learned the mortgage-fraud trade. He was sentenced Tuesday in Sacramento federal court to 14 years and seven months in prison for practicing it in spectacular fashion.
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Warren, 30, who lived in Folsom and grew up in the Sacramento area, pleaded guilty to wire fraud and admitted his role in flimflams that cost victims nearly $20 million. Specifically, he admitted thievery that cost six major mortgage lenders almost $12.5 million during a short stint working under the banner of the notorious Loomis Wealth Solutions.
Sacramento Bee, 9/12/12; see also SF Gate, 9/11/12.