Phillip E. Hill Sr., 50, the ringleader of the largest mortgage fraud scheme ever prosecuted in Georgia, was found guilty of 168 counts of fraud and money laundering Wednesday. Nine accomplices also were found guilty by a U.S. District Court jury.

Judge Thomas W. Thrash Jr. said Hill “is looking at spending the rest of his life in prison.” Thrash didn’t sentence Hill on Wednesday but made the remarks in a bond revocation hearing following the verdict. He called Hill the “architect and mastermind of a mortgage fraud scheme of truly unbelievable and extraordinary proportions.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]