Loan Shark Sentenced to Jail for Preying on Homeowners

by Moe Bedard · 0 comments

in Predatory Lending

“This was theft,” she said. “It was stealing, and it really was very unforgivable behavior, and Ms. Tobon has shown no remorse.”

Price was caught between ordering her straight to jail — after which there is a risk she could be deported to Mexico and victims would never be repaid — or releasing her and hoping that she would pay restitution.

In the end, Price settled with ordering her directly to jail and three years probation. If she isn’t deported and doesn’t pay restitution, Tobon could be arrested on a probation violation, she said.

“At least the victims will see that there is some justice,” she said.

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