Gary Snook, 62, of Yorktown Heights, NY, was sentenced to 24 months in prison and was ordered to make restitution of $1,329,723 following his conviction for conspiracy to defraud mortgage lenders.
Snook, who owned and operated York Accounting and Financial Services, 13 West St., Danbury, was involved in making 18 mortgage loans with false documents between 2003 and 2006, according to information from the U.S. Attorney for the District of Connecticut. Snook was convicted of creating false loan documents, false letters and phony tax returns to inflate a borrower's income. Those documents were then used to qualify borrowers for mortgage loans.
Snook pleaded guilty on May 14, 2010 to one count of conspiracy to commit wire fraud. The case was investigated by the Internal Revenue Service, Criminal Investigations. The case was prosecuted by Assistant U.S. Attorney Paul Murphy.