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Seven Get Prison for $10M Mortgage Scam

Monday, Oct 25 2021
Originating
Written by  The Mortgage Leader

A federal judge has sentenced six people from South Florida and one from New Jersey to prison for their part in a mortgage scam that drained about $10 million from South Florida homes, according to the Department of Justice.

handcuffs 1078871 640small 280x186The scheme allegedly involved identity theft, forgery of foreign passports, impersonating homeowners and fabricating loan documents to fool lenders.

Other defendants continue to face charges, and are presumed innocent unless proven guilty.

Get more information from the Department of Justice.

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