At a re-sentencing hearing Friday in U.S. District Court in Jackson, the sentence of 57-year-old Charles H. Evans, Jr., was affirmed. Evans will be required to serve 20 years in prison for his role in one of the largest commercial mortgage fraud crimes in the history of the State of Mississippi.
The 14-year prison sentence of his brother and co-conspirator, Jon Christopher Evans, 53, also of Jackson, was also affirmed.
A final order of forfeiture was entered against the defendants in the amount of $18,594,221.58. In December, 2012, the defendants were ordered to pay $13,423,571.95 in restitution to numerous victim banks and a title insurance company for their fraudulent scheme.
The U.S. Attorney's Office said Charles Evans, Jr. is an attorney who operated The Evans Firm in Jackson and was an approved attorney for Mississippi Valley Title Company.
Jon Christopher Evans is also an attorney who served as the registered agent for numerous shell companies in the Jackson area, which were owned, operated, and controlled by the Evans brothers and used to carry out their mortgage fraud scheme that dates back to 2003.
The U.S. Attorney's Office said the fraud blossomed into one of the largest commercial mortgage fraud Ponzi schemes to be carried out in the State of Mississippi.