Edmond Man Sentenced to 30 Months in Federal Prison for Mortgage Fraud Scheme Defendant Ordered to Pay Over $770,000 in Restitution

OKLAHOMA CITY, OK – December 3, 2009 – (RealEstateRama) — Yesterday, Phillip Seibel, 39, of Edmond, Oklahoma, was sentenced by United States District Judge David Russell to serve 30 months in prison for money laundering stemming from a mortgage fraud scheme, announced Robert J. Troester, Acting United States Attorney for the Western District of Oklahoma.