A former Southern California man, described as the ringleader of one of the largest foreclosure rescue scams in the nation, was sentenced Wednesday in federal court in Sacramento to 35 years in prison.
Charles Head, 40, currently of Pittsburgh, Pa., was sentenced by U.S. District Judge Kimberly J. Mueller. A hearing to determine the amount of restitution has been set for Nov. 22.
In sentencing, Mueller said that Head had “created and implemented a very cynical scheme” and had “shown an inability to respect the law,” according to a federal Department of Justice news release.
The persons who created the “opportunity” that Mr. Head exploited still walk the boardrooms of Wall Street.