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Mortgage Fraudster May Go Back to Prison for Sports Betting Plot

A man who was convicted of bank fraud in 2011 as part of a mortgage scam has been charged in connection with an alleged sports betting scheme. So reports Salt Lake City’s KSL.

!--more-->Christopher Hales of Utah was in a halfway house in 2018 when he co-founded a fraudulent sports betting company, taking almost $7 million in investments for his and his associates’ personal use, according to federal authorities.

Hales’ previous mortgage fraud resulted in a nearly eight-year prison sentence and $12.7 million in restitution.

Read the full article from Salt Lake City’s KSL.

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