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January 30, 2013
Wash. banker gets 10 years for fraud
SEATTLE (AP) — The U.S. Attorney's office in Seattle says a former loan officer at Pierce Commercial Bank was sentenced to 10 years in prison for mortgage fraud on Monday.
U.S. Attorney Jenny Durkan says Shawn Portmann pleaded guilty last September to conspiracy to making false statements in loan applications, making false statements to the U.S. Department of Housing and Urban Development and other counts.
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