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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Navigating the New Terrain of Mortgage Originations
Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
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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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