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  1. 23 Ιουλ 2019 · Mike Ashley, a former Pro Modified and NHRA U.S. Nationals Funny Car champion, was sentenced last week to three years in federal prison for his role in the 2009 collapse of a $1 billion-a-year mortgage lender.

  2. en.wikipedia.org › wiki › Lend_AmericaLend America - Wikipedia

    In July 2019 Mike Ashley, was sentenced to three years in federal prison for his role in the 2009 collapse of the $1 billion-a-year mortgage lender. In addition to the three-year prison sentence, Ashley was ordered by Judge Joseph Bianco to pay $49 million in restitution and forfeit $800,000.

  3. 20 Ιαν 2021 · Ashley served as a senior manager for Lend America and along with the company, faced a civil fraud injunction by the U.S. Attorney's Office for the Eastern District of New York, at the request of the Department of Housing and Urban Development.

  4. 17 Ιουλ 2019 · Michael Ashley, 53, of Plainview, also was ordered by Judge Joseph Bianco in federal court in Central Islip to pay $49 million in restitution and forfeit $800,000. Ashley has already forfeited that full amount, the judge noted.

  5. 17 Ιουλ 2019 · As Lend America's executive vice president and chief business strategist during the mortgage boom years of the 2000s, Ashley allegedly diverted the company's cash to fund his car racing...

  6. 18 Ιουλ 2019 · Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender. Besides the prison time, Ashley was ordered to pay $49 million in restitution and forfeit $800,000.

  7. 30 Ιουλ 2009 · Fast forward to 19 years later at the NHRA SuperNationals in Englishtown, Ashley now a seasoned nitro racer, waiting on his turn to run, was just behind the burnout box when Scott Kalitta ran off the end of the track in a fatal accident. Ashley hasn’t driven a nitro car since.

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