Convicted real estate agent to get new sentence

Published September 29, 2014 5:54pm ET



ALBUQUERQUE, N.M. (AP) — A federal appeals court has ordered a new sentence for a former Albuquerque real estate agent convicted of wire fraud in fraudulently obtaining mortgage loans.

The 10th U.S. Circuit Court of Appeals told a lower court Monday to resentence Kevin Powers after his lawyers claimed the court incorrectly used the gross-receipts enhancement.

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