Lawyer Gets 15 Years for Mortgage Bailout Scheme
Written by Administrator on January 23rd, 2012Norton Helton, 50, a former Illinois lawyer, was sentenced to 15 years in federal prison for engaging in mortgage and bankruptcy fraud schemes involving a so-called “mortgage bailout” program that purported to “rescue” financially-distressed homeowners but instead tricked victims into relinquishing title to their homes and declaring bankruptcy.