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Local News

Former Bend Developer Is Sentenced to Ten Years in Prison for Fraud


The company conducted tens of millions of dollars in mortgage fraud between 2004 and 2008.

 

Egeland received a tougher penalty than the company President Tyler Fitzsimons who was sentenced to seven years in prison.

 

Egeland committed several crimes -- including selling drugs near a school and perjury -- while waiting to be sentenced for fraud.

 

Despite an emotional plea by Egeland, the U.S. District Jduge, Ann Aiken told him she agreed with prosecutors his motivation was greed and that he did much damage in the Bend community by dragging people thorugh so much.


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