SAN DIEGO (CN) – A telemarketer was sentenced Friday to 2½ years in federal prison for defrauding people of $460,000 in a “mortgage modification” scam he ran out of San Marcos.
Michael Trap was also ordered to pay $460,249 in restitution to victims of his Nations Housing Modification Center. He pleaded guilty to conspiring to commit wire fraud and money laundering, and money laundering.
His co-defendant Glenn Staven Rosofsky already has pleaded guilty and was sentenced to 5 years and 3 months in federal prison. The men made more than $900,000 from their scam.
San Marcos is in Northern San Diego County.