U City Man Gets 30 Months in Fraud Case
Matthew Kent, 41, was vice president and co-operator of the University City office of the Coral Mortgage Bankers Corporation.
Months after pleading guilty to wire fraud, a mortgage banker was sentenced in federal court. According to the St. Louis Post-Dispatch, Matthew Kent, 41, University City, was sentenced in federal court Friday to 30 months in prison for his role in the theft of $1.2 million of a couple's life savings. As Patch reported in November, Kent was vice president and co-operator of the University City office of the Coral Mortgage Bankers Corporation. He has pled guilty to one felony count of wire fraud. According to court documents, between May 2007 and Dec. 31, 2010, Kent and his partner in Coral Mortgage David Rubin of Chesterfield, and Joshua Gould of University City, formerly of Woodbury Financial, embezzled approximately $1.5 million from a …
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