The DOJ said that Nikasha Patel, 38, of Orlando, entered a guilty plea to a 13-charge indictment over nearly $20 million in fraud.
He was convicted in 2018 over the previous mortgage fraud scheme, which ran from 2010 to 2014.
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The Evolution of Mortgage Origination: Navigating the Trends of Mortgages
Explore the latest evolution in mortgage origination, from digital platforms to AI-driven solutions, reshaping the loan processing landscape for lenders and borrowers.
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Convicted Scammer Admits to $20M Fraud During Pretrial Release
A Florida businessman has acknowledged committing loan fraud while on federal pretrial release, after being sentenced to 25 years in prison for a separate $179 million mortgage scam, according to the Department of Justice. So reports the Orlando Sentinel.
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