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Oklahoma business theme briefs for Feb. 2, 2013

Oklahoma business theme briefs for Feb. 2
Published: February 2, 2013

Ex-agent sentenced in fraud

Safiyyah Tahir Battles, formerly a real estate agent with T&T Realty in Oklahoma City, was sentenced Friday to 30 months in federal prison for mortgage fraud and money laundering, U.S. Attorney Sanford C. Coats said. A jury in June convicted Battles of using an interstate wire facility to defraud Saxon Mortgage in Fort Worth, Texas, and engaging in a monetary transaction with more than $10,000 from the proceeds of crime. U.S. District Judge Timothy D. DeGiusti also ordered Battles to pay restitution of $326,902 and a forfeiture judgment of $102,630. She will be required to serve two years on supervised release after her prison term, including 104 hours of community service.

From Staff Reports