LAS VEGAS
A 49-year-old Henderson, Nev., man has been sentenced to state prison after pleading guilty to bilking Las Vegas-area homeowners who faced foreclosure in 2007 and 2008.
Jeffery Tye Brown was sentenced Monday by Clark Country District Court Judge Kenneth Cory to one to 2 1/2 years in prison.
Brown is the former owner of DB Financial Services in Henderson. He pleaded guilty Feb. 25 to felony mortgage fraud, and avoided trial on multiple felony theft charges.
The charges stemmed from an investigation by a Nevada state attorney general mortgage fraud task force.
Prosecutors say Brown was extradited from the Philippines, where he fled after during the investigation in 2008.
Prosecutors said Brown inflated victims' incomes on loan applications and misled customers with a guarantee that he could resolve pending foreclosures.