Update from the Foreclosure-Based Economy 0
One down.
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.