Purported Mafia Wife Cops Plea In Mortgage Co. Takeover

Law360, New York (September 17, 2013, 9:13 PM EDT) -- The wife of reputed mafia figure Nicodemo Scarfo pled guilty Tuesday in New Jersey federal court to conspiring to fraudulently apply for a mortgage, settling allegations against her in the prosecution of a scheme in which Scarfo allegedly drained $12 million from a bankrupt mortgage company.

According to New Jersey's U.S. Attorney, Lisa Marie Scarfo pled guilty to a superseding charge of conspiracy to make false statements for the purpose of influencing the actions of the bank on a mortgage application to secure a $715,000 home in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.