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Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

All Bad Things Must End

LOS ANGELES (CN) - A "fraud artist" who lived as a fugitive from justice for a decade was sentenced Monday to 11 years in federal prison for a 14-year-long foreclosure rescue scam on more than 800 homeowners, the U.S. Attorney's Office said.

Glen Alan Ward, 48, an Angeleno who fled to Waterloo, Canada, was also ordered to forfeit $100,000 in cash and seized property and pay $60,000 in restitution, the U.S. Attorney's Office said in a statement.

Ward pleaded guilty in April to "three separate sets of charges stemming from his 15-year fraud scheme," prosecutors said in the statement.

He failed to appear in Los Angeles Federal Court in 2000 after agreeing to plead guilty, and fled to Canada, prosecutors said. While a fugitive, in 2002, he was indicted on multiple counts of bankruptcy fraud in San Francisco. In the third case, last year, he was indicted in Los Angeles on mail fraud, aggravated identity theft and bankruptcy fraud charges.

"While in Canada, Ward recruited Frederic Alan Gladle, who was indicted by federal prosecutors in Los Angeles on bankruptcy fraud and identity theft charges in 2011. Gladle was sentenced last year to 61 months in federal prison," prosecutors said in the statement.

Ward's foreclosure-rescue scam fraudulently delayed foreclosure sales for 824 homeowners, filed at least 414 bankruptcies in 26 districts, and collected more than $1.2 million from his victims, prosecutors said. He had the money deposited in bank accounts, then withdrew it from ATM machines in distant places. Canadian police, onto him, missed him "by only minutes" at several ATM machines, then staked out multiple ATMs and finally nabbed him on April 5, 2012. He was extradited to the United States in December.

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