Quantcast
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

I earned one month for each $27,000 in bribes

Robert Moreno admits to rigging mortgage bids

Robert Moreno, a banker for GMAC, was sentenced today (September 8) to 37 months in prison for accepting more than $1 million in bribes to rig bids in the secondary mortgage market so that certain customers would be able to purchase mortgage loans being resold by GMAC.

San Diegan Israel Hechter was one of Moreno's preferred customers. He has already pleaded guilty to his role in the scheme. Moreno is the fifth person to be sentenced in the bribery ring.

Here's something you might be interested in.
Submit a free classified
or view all
SINGLE ROOM AVAILABLE IN CLAREMONT MESA $600.
San Diego Reader Classified ads
March 24, 2020
DOWNSIZING
San Diego Reader Classified ads
March 24, 2020
$695 EASTLAKE ROOM RENTAL
San Diego Reader Classified ads
March 24, 2020
MUSIC REHEARSAL STUDIO.
San Diego Reader Classified ads
March 24, 2020
T-SHIRT BUSINESS selling silkscreening screens
San Diego Reader Classified ads
March 27, 2020
Ad
Previous article

"I’ve contracted the Coronavirus" says San Diego guitarist Drew Andrews

Patient number one at Grossmont Hospital’s new drive-thru clinic
Next Article

Mary Lynn Coulson: finding the bigger embrace of God’s love

If people reject God, then what?
Comments
1

Dave Koenig: Iceland had bank problems. Big ones. Best, Don Bauder

Sept. 8, 2015

Sign in to comment

Sign in

Robert Moreno, a banker for GMAC, was sentenced today (September 8) to 37 months in prison for accepting more than $1 million in bribes to rig bids in the secondary mortgage market so that certain customers would be able to purchase mortgage loans being resold by GMAC.

San Diegan Israel Hechter was one of Moreno's preferred customers. He has already pleaded guilty to his role in the scheme. Moreno is the fifth person to be sentenced in the bribery ring.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
2002 honda vtx1800 - $2700
San Diego Reader Classified ads
March 27, 2020
Room for college students
San Diego Reader Classified ads
March 23, 2020
MISTER LOVER
San Diego Reader Classified ads
March 24, 2020
FREE GASLAMP WALKING TOUR
San Diego Reader Classified ads
March 24, 2020
BALBOA GYMLESS BOOTCAMP
San Diego Reader Classified ads
March 24, 2020
Previous article

The latest coronavirus restaurant trend: family meals

Ordering for four has gotten easier and more affordable for at-home diners
Next Article

Some Mexican border travelers are undaunted

But in Nogales protests against Americans crossing
Comments
1

Dave Koenig: Iceland had bank problems. Big ones. Best, Don Bauder

Sept. 8, 2015

Sign in to comment

Sign in

Art Reviews — W.S. Di Piero's eye on exhibits Ask a Hipster — Advice you didn't know you needed Best Buys — San Diego shopping Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits City Lights — News and politics Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Excerpts — Literary and spiritual excerpts Famous Former Neighbors — Next-door celebs Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Here's the Deal — Chad Deal's watering holes Just Announced — The scoop on shows Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Of Note — Concert picks Out & About — What's Happening Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Pour Over — Grab a cup Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer News — Inside San Diego suds SD on the QT — Almost factual news Set 'em Up Joe — Bartenders' drink recipes Sheep and Goats — Places of worship Special Issues — The best of Sports — Athletics without gush Street Style — San Diego streets have style Suit Up — Fashion tips for dudes Theater Reviews — Local productions Theater antireviews — Narrow your search Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Waterfront — All things ocean Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close