By Denny Walsh
Christopher Jared Warren was sentenced Tuesday in Sacramento federal court to 14 years and seven months in prison for his role in the notorious Loomis Wealth Solutions mortgage and investment frauds and for robbing a Florida mortgage lender of $7.4 million.
While Warren spent just a few months with Roseville-based Loomis Wealth Solutions, the deals he did resulted in losses to six major mortgage lenders of almost $12.5 million.
After a protracted hearing and more than a little hesitation, U. S. District Judge John A. Mendez chose to go with the prison term agreed upon in January as part of his plea bargain with the government. He pleaded guilty to identity theft and wire fraud related to cheating lenders out of nearly $20 million..
Warren, 29, has been held in the Nevada County jail since early 2009, when he was arrested after a brief but peripatetic flight from federal authorities. Some of his loot is still missing.
What You Should Know About Comments on Sacbee.com
Sacbee.com is happy to provide a forum for reader interaction, discussion, feedback and reaction to our stories. However, we reserve the right to delete inappropriate comments or ban users who can't play nice. (See our full terms of service here.)
Here are some rules of the road:
â¢ Keep your comments civil. Don't insult one another or the subjects of our articles. If you think a comment violates our guidelines click the "report abuse" button to notify the moderators. Responding to the comment will only encourage bad behavior.
â¢ Don't use profanities, vulgarities or hate speech. This is a general interest news site. Sometimes, there are children present. Don't say anything in a way you wouldn't want your own child to hear.
â¢ Do not attack other users; focus your comments on issues, not individuals.
â¢ Stay on topic. Only post comments relevant to the article at hand. If you want to discuss an issue with a specific user, click on his profile name and send him a direct message.
â¢ Do not copy and paste outside material into the comment box.
â¢ Don't repeat the same comment over and over. We heard you the first time.
â¢ Do not use the commenting system for advertising. That's spam and it isn't allowed.
â¢ Don't use all capital letters. That's akin to yelling and not appreciated by the audience.
You should also know that The Sacramento Bee does not screen comments before they are posted. You are more likely to see inappropriate comments before our staff does, so we ask that you click the "report abuse" button to submit those comments for moderator review. You also may notify us via email at email@example.com. Note the headline on which the comment is made and tell us the profile name of the user who made the comment. Remember, comment moderation is subjective. You may find some material objectionable that we won't and vice versa.
If you submit a comment, the user name of your account will appear along with it. Users cannot remove their own comments once they have submitted them, but you may ask our staff to retract one of your comments by sending an email to firstname.lastname@example.org. Again, make sure you note the headline on which the comment is made and tell us your profile name.