Estimated reading time: 0 minutes, 24 seconds

Ten Indicted for Mortgage Scam Against Program for Homeless

Tuesday, Jun 09 2020
Originating
Written by 

Prosecutors have indicted 10 people on charges involving a mortgage fraud scheme that allegedly abused a New York City program that prepaid landlords one year of rent to relocate families from homeless shelters. So reports Essex News Daily.

Essex County, N.J. prosecutors said that the scam was countywide and included racketeering, theft, tampering with records and money laundering.

Four of the defendants allegedly defrauded mortgage lenders out of more than $1.8 million.

Read the full article from the Essex News Daily. 

Read 1899 times
Rate this item
(0 votes)
More in this category: « Ask the Management Expert: Hershman's Quick Steps to Assess Job Candidates How Customer-Centric Is Your Sales Organization? »

Related items

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline