November 01, 2023
A New Jersey-based lawyer and a real estate developer were both sentenced to time served and placed under house arrest by a federal judge Tuesday after they admitted to buying houses with fake mortgage applications and pocketing the loan funds, ultimately costing the federal government $3.5 million in defaulted loans.
November 28, 2022
A Newark-based lawyer and a real estate developer have admitted in federal court to orchestrating a scheme to buy houses with fake mortgage applications and keep the loan funds for themselves, ultimately costing the federal government $3.5 million in defaulted loans.