Guilty Verdict in San Francisco Mortgage Fraud Case

One mortgage fraud prosecution has shown, once again, why the feds just love wiretaps. Judy Yeung, the former head of American Educational Foundation International, was found guilty Tuesday on several counts of wire fraud and witness tampering. According to juror Ken Hughes, the government's key witnesses had varying credibility issues because of their history of deception before cooperating with prosecutors. Yeung sounded extremely savvy and knowledgeable about the fraud on recorded phone calls, he said.