After pleading guilty in July 2008 for her role in a multi-million dollar mortgage fraud scheme, Adriene Newby-Allen of Alpharetta, Ga., was sentenced to 135 months in federal prison to be followed by five years of supervised release and ordered to pay $5.28 million in restitution. According to the U.S. attorney for the Northern District of Georgia, from mid-2004 through March of 2006, Newby-Allen siphoned off millions of dollars in fraudulently inflated mortgage loans being provided to unqualified straw buyers, one of whom was her husband and co-defendant, Brinson Allen, who was found guilty of multiple charges relating to the fraudulent scheme on July 30, 2008 and will be sentenced at a later date.
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