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Ten Indicted for Mortgage Scam Against Program for Homeless

Tuesday, Jun 09 2020
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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. 

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