A Connecticut real estate agent has been sentenced to prison for his role in a multi-year scheme in which he fraudulently conducted short sales, according to the Department of Justice (DOJ). Officials said 46-year-old James Macchio, of Glastonbury, served as the manager of a real estate agency. He is accused of defrauding his clients by conducting fake short sales of government and bank-owned properties. Macchio was sentenced to 42 months in prison and two years of supervised release... Read this story
