Reputed Mafia Associate Cops Plea In Mortgage Fraud Case

Law360, New York (September 20, 2013, 2:04 PM EDT) -- The cousin of reputed mafia figure Nicodemo Scarfo pled guilty Wednesday in New Jersey federal court to conspiring to fraudulently apply for a mortgage, settling allegations that he participated in a scheme in which Scarfo allegedly drained $12 million from a bankrupt mortgage company.

John Parisi pled guilty before U.S. District Judge Robert B. Kugler to a superseding charge of conspiracy to commit wire fraud for his alleged role in helping others submit false or fraudulent information to secure a mortgage for a property in Egg...
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