U.S. v. SAMUEL, CR S 10-0223 JAM. (2014)
Court: District Court, E.D. California
Number: infdco20140829h71
Visitors: 11
Filed: Jun. 27, 2014
Latest Update: Jun. 27, 2014
Summary: ORDER RE: RESTITUTION JOHN A. MENDEZ, District Judge. The above-referenced matter came before the Court for a hearing on restitution on June 27, 2014. The Court finds the victims identified below suffered losses as a result of the conduct for which the defendants were convicted. The Court further finds that a reasonable estimate of the victims' losses has been proven by a preponderance of the evidence. According, the Court hereby orders that the defendants shall pay restitution as follows: De
Summary: ORDER RE: RESTITUTION JOHN A. MENDEZ, District Judge. The above-referenced matter came before the Court for a hearing on restitution on June 27, 2014. The Court finds the victims identified below suffered losses as a result of the conduct for which the defendants were convicted. The Court further finds that a reasonable estimate of the victims' losses has been proven by a preponderance of the evidence. According, the Court hereby orders that the defendants shall pay restitution as follows: Def..
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ORDER RE: RESTITUTION
JOHN A. MENDEZ, District Judge.
The above-referenced matter came before the Court for a hearing on restitution on June 27, 2014. The Court finds the victims identified below suffered losses as a result of the conduct for which the defendants were convicted. The Court further finds that a reasonable estimate of the victims' losses has been proven by a preponderance of the evidence. According, the Court hereby orders that the defendants shall pay restitution as follows:
Defendant Hoda Samuel shall pay restitution to the following victims in the identified amounts:
Federal Deposit Insurance Corporation: $2,176,500.
Wells Fargo Bank (Series 2006-OPT3), C/O Sand Canyon Corporation: $174,522.49.
U.S. Bank (Series 2006-Z), C/O Sand Canyon Corporation: $193,025.74.
U.S. Bank (Series 2006-BC6), C/O Sand Canyon Corporation: $166,043.47.
Citibank (Series 2007-HE2), C/O Sand Canyon Corporation: $187,965.01.
Wells Fargo Bank (Series 2007-3), C/O Sand Canyon Corporation: $72,561.38
Wells Fargo Bank (Series 2007-4), C/O Sand Canyon Corporation: $58,794.55
Total: $3,029,412.64
Defendant Daniel Harrison shall pay restitution to the Federal Deposit Insurance Corporation in the amount of $157,000.
The $157,000 owed by defendant Harrison is also owed by defendant Samuel to the FDIC, and the obligation of both defendants Harrison and Samuel with respect to this amount shall be joint and several.
The Clerk shall render payments to the following addresses:
FDIC Restitution Payments
P.O. Box 971774
Dallas, TX 75397-1774
Sand Canyon Corporation
7595 Irvine Center Drive, Suite 100
Irvine, CA 92618
IT IS SO FOUND AND ORDERED.
Source: Leagle
