Three employees who participated in the mortgage fraud scheme that brought down Pierce Commercial Bank were sentenced Wednesday to prison terms.
The three and their sentences are Jill Redding, 48, of Puyallup, six months; Tonya M. Ruf, 37, of Puyallup, seven months; Katherine J. Friske, 54, of Menifee, Calif., four months. Each also was sentenced to three years of supervised release.
The three worked at PC Bank Home Loans, a subsidiary of Pierce Commercial. They helped file false documents that enabled a ring led by bank employee Shawn Portmann to make hundreds of fraudulent loans, eventually causing losses of more than $10 million.
Portman and five other co-conspirators are scheduled for sentencing in January.
- 2 people killed in Seattle-area windstorm identified
- High winds stall firefighting efforts, fuel Tunk Block, Lime Belt fires
- Steven Hauschka's 60-yard FG gives Seahawks final edge over Chargers
- Jack Zduriencik’s M’s legacy: More than 3 dozen departed managers, coaches, scouts, staffers
- Offense needs big kick as Seahawks snag 16-15 victory