Maryland agent gets two years in prison, must pay $1.3M to national underwriter

Harriet Taylor, co-owner and manager of two title insurance companies in Maryland, was officially sentenced to two years in prison for her role in a wire fraud scheme. She reportedly used more than $1.5 million in mortgage closing funds for personal use and to operate her title companies. In addition to the two years of prison time, Taylor will have five years of supervised release and pay more than $1.5 million in restitution.