Scarfo's Wife Sentenced in First Plus Case

[willychichi]

After pleading guilty to a mortgage fraud charge that was a small part of her husband's multi-million dollar looting of a Texas company, Lisa Scarfo, 36, was sentenced today to two years probation and 200 hours of community service.

"Mrs. Scarfo, good luck. I hope you get your life back together," U.S. District Court Judge Robert Kugler said after imposing the sentence during a 10-minute hearing in federal court in Camden.
Kugler cited her "limited role" in the scam orchestrated by her husband, mobster Nicodemo S. Scarfo. But the judge added that he did not doubt that she knew what she was doing when she filed false statements in a mortgage application in 2008 that allow the couple to purchase a $715,000 home in Egg Harbor Township outside of Atlantic City.

In a statement read by her attorney, Richard Sparaco, Lisa Scarfo apologized to the court. She said she had made a "serious mistake" that had "devastated her family" and she pleaded for leniency.

Assistant U.S. Attorney Steven D'Aguanno, the lead prosecutor in the eight-year investigation, said the government did not oppose probation. Under sentencing guidelines, Mrs. Scarfo faced a maximum prison sentence of six months, according to the judge.

Her husband and his top associate, Salvatore Pelullo, were each sentenced to 30 years in prison in July after a jury convicted then of masterminding the behind-the-scenes takeover of FirstPlus Financial Group in 2007 and then systematically looting the company of $12 million.

Read more at http://www.bigtrial.net/2015/10/scarfos ... TZSQJV3.99