(Source: The State) A Lexington man was sentenced in federal court Monday for wire fraud.
Lexington’s Michael Yant, 40, was sentenced to to five months in jail, followed by five months of home confinement, in U.S. District Court in Columbia, said Assistant U.S. Attorney Winston Holliday, adding Yant also was ordered to pay almost $270,000 in restitution.
Yant committed mortgage fraud on 15 Federal Housing Administration loans, said Holliday, adding Yant engaged in a prohibited rent-to-own scheme...