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A real estate investor was sentenced Wednesday in a mortgage scheme that defrauded lenders and the government of more than $1 million. Cabral Simpson, 47, of Orange, was sentenced to time already served – 20 months – and has been ordered to pay $1.29 million in restitution after pleading guilty to conspiracy to commit wire fraud in the case, the U.S. Attorney’s Office announced. Simpson and his conspirators were accused of submitting fraudulent mortgage applications, supporting documents and closing documents on behalf of buyers, officials said. As part of the scheme, they also created fake ba…

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