Cabral Simpson of Orange, New Jersey, pleaded guilty to one count of an indictment charging him with conspiracy to commit wire fraud, federal prosecutors announced.
The crime carries a maximum penalty of 20 years in prison.
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The Future of Mortgage Origination: Embracing Automation for Efficiency
Explore how automation is revolutionizing mortgage origination, increasing efficiency, and redefining loan processing in the mortgage industry.
Estimated reading time: 0 minutes, 19 seconds
Investor Pleads Guilty in $1M Mortgage Scam
A real estate investor has copped to his role in a $1 million mortgage fraud scam, according to authorities. So reports NJ.com.
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