KTEN News in Oklahoma is reporting that former real estate appraiser Lawrence Goodwin has been sentenced to one years imprisonment and order to pay over $235,000 in restitution. Goodwin had filed a guilty plea in June 2006.
Court records show that on May 19, 2006 an Information was filed in the District Court for the Western District of Oklahoma charging Goodwin with providing a fraudulently inflated appraisal on a property at 1713 Eagle Nest, Norman Oklahoma which was supplied to the branch manager (name not known but referred to as C.A.R in the information) of the Norman office of Wells Fargo Financial. C.A.R’s employment was terminated by Wells Fargo Financial on or about January 14, 2003.
On or about March 3, 2000 Goodwin’s lost his Oklahoma’s appraisers license but continued to provide appraisals to financial institutions until about July 10, 2002.