Midor was a lawyer with a busy real estate practice focused on mortgages. For a time, Midor’s practice prospered. He became wealthy and invested in several highly speculative ventures that failed. Midor found himself in serious financial difficulty and under severe stress. He devised a scheme where he would purchase pieces of real estate using straw buyers. They would allow their names to appear on transfer and mortgage documents in return for a fee. The straw buyers were never the real owners or borrowers. Through successive transfers of these properties, Midor was able to inflate their apparent value and give fraudulent mortgages to a variety of banks at values well in excess of the properties’ actual value. When the fraudulent scheme was eventually discovered, the banks were left with largely worthless mortgages and the straw buyers appeared to owe large sums to the banks based on properties they never owned. Since Midor has lost all of the ill-gotten funds, who is responsible for compensating the banks and the buyers? What consequences does Midor face?