ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, March 7, 1991                   TAG: 9103070417
SECTION: VIRGINIA                    PAGE: B-6   EDITION: BEDFORD/FRANKLIN 
SOURCE: 
DATELINE: RICHMOND                                LENGTH: Short


MORTGAGE FRAUD TRIAL WILL BEGIN JUNE 17

A federal judge set a June 17 trial Wednesday for former mortgage company president Eric M. Freedlander despite a defense request for more time to prepare for the complicated fraud case.

Freedlander pleaded innocent to an 83-count indictment charging him with fraud in the 1988 collapse of Freedlander Inc., The Mortgage People, which was once the fourth largest second-mortgage business in the country.

"It's a massive case," Freedlander's attorney told reporters. Prosecutors "admit to having 100 bankers' boxes of documents."

If convicted, Freedlander faces a maximum sentence of 425 years in prison and fines of more than $20 million.

- Associated Press



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