St. Louis County Man Sentenced on Fraud Charges for Falsifying Mortgage Loan Application and Illegal Possession of Firearms

ST. LOUIS, MO – October 5, 2009 – (RealEstateRama) — Milton H. Ohlsen III was sentenced to 30 months in prison on bank fraud charges after overstating his income on his home mortgage application, and in a separate case, sentenced to 30 months in prison on a firearms charge, Acting United States Attorney Michael W. Reap announced today. The sentences are to run concurrently. In addition to the prison sentence, Ohlsen was ordered to pay restitution of $99,871


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