By Darryl R. Isherwood | February 7th, 2012 - 1:11pm

O’Malley, 48, of Upper Saddle River, was a founder and co-owner of Diversified Financial Group, which did business as Residential Mortgage Corporation.  Also sentenced was former Residential employee Laura-Jean Arvelo, 52, of River Vale, who received two years probation for her role in the scheme.

Read More:

http://www.politickernj.com/54624/former-bcia-director-omalley-sent...