The 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.
-
The Rise of Digital Lending Platforms: Transforming the Mortgage Originating Process
Discover how digital lending platforms are transforming mortgage originating processes, enhancing efficiency, personalization, and compliance.
Estimated reading time: 0 minutes, 23 seconds
Seven Get Prison for $10M Mortgage Scam
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.
MOST READ STORIES
Fast,Easy & Free
