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Former Texas title employee sentenced in wire fraud scheme

Summary by HousingWire
A former escrow officer at a McAllen, Texas-based title insurance company has been sentenced to two years in federal prison for orchestrating a complex wire fraud scheme that defrauded homebuyers and mortgage lenders of more than $350,000, the U.S. Department of Justice (DOJ) announced. Mayela Saby Cantu, 55, pleaded guilty in December to conspiracy to commit wire fraud. On Monday, Chief U.S. District Judge Randy Crane ordered Cantu to serve 24 …
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HousingWire broke the news in on Wednesday, April 30, 2025.
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