DALLAS (Source: Court News Service By DAVID LEE) – A motivational speaker who hawked a book and infomercial on how to make money in real estate has been sentenced to 11 years in federal prison for his role in a multimillion-dollar mortgage fraud. Eric Rulack Farrington Jr. also was ordered to pay $2.5 million in restitution and forfeit $1.2 million to the government.Farrington, 57, president of Eric Farrington Seminars and Prestige Capital Corp., which did business as Farrington Mortgage Group, also was a manager of EFC Investments, which did business as EFC Management Co. All operated out of Dallas.

Source: Court News Service By DAVID LEE

To read more, click on this link