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.
Estimated reading time: 0 minutes, 19 seconds
A real estate investor has copped to his role in a $1 million mortgage fraud scam, according to authorities. So reports NJ.com.
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.