His wife, Kathleen Culbertson, pleaded guilty to a class A misdemeanor and agreed to pay $23,200 in restitution for her part in the elaborate mortgage-fraud scheme.
The Culbertsons used their daughter and son-in-law's names to buy a house, inflated income on a loan application and pocketed a $59,324 home loan meant for remodeling and landscaping.
Richard Culbertson, an attorney and former real-estate agent, faces one to 15 years in prison for each of his four felony counts, totaling as many as 60 years. He has been ordered to pay $98,884 in restitution for the money he pocketed, according to his attorney, Greg Skordas.
The couple are scheduled to be sentenced on Aug. 14 at 8:30 a.m. before Judge James Taylor in Provo's 4th District Court.
Richard Culbertson lost a bid to become Eagle Mountain's 10th mayor in 11 years last November when then-Council-woman Heather Jackson pummeled him 1,650 to 549.
Before that vote, Richard Culbertson had his real-estate license revoked and was fined $40,000 for equity skimming. At the time, the candidate said he believed the transactions were both legal and ethical, and he suspected the investigation was motivated by developers and land speculators whom he had criticized in the months leading up to the mayoral election.
sgehrke@sltrib.com


