A Phoenix couple and their children have been sentenced to over two years in prison for real estate fraud and tax evasion involving 30 home mortgages.

Senior U.S. District Judge Neil V. Wake sentenced Daphne Iatridis and her husband, Arthur Telles, to 30 months in prison. The judge ordered the couple to forfeit 26 fraudulently purchased properties.

Both had previously pleaded guilty to conspiracy to commit mail and wire fraud and tax evasion.

The couple’s sons also pleaded guilty to related crimes and were sentenced to 10 months in prison and probation, respectively.

Between 2008 and 2012, the court said the family engaged in an elaborate scheme to obtain more than 30 houses from FannieMae, the Federal National Mortgage Association.

Michael DeLeon, Special Agent in Charge of the FBI Phoenix Division, said this case epitomized the greed that erodes confidence in the Realtor/Mortgage industry.

Several agencies joined Assistant U.S. Attorneys in Phoenix in the investigation, including the IRS Criminal Investigation unit.