D.A. Indicts Seven Involved in Mortgage Fraud

Home Live Wire D.A. Indicts Seven Involved in Mortgage Fraud

Seven people indicted by Brooklyn District Attorney Charles Hynes today were charged with 82-counts, including mortgage fraud and identity theft, according to a press release. If convicted the Brooklyn Seven could face up to 15 years in prison. Between 2005 and 2009, the bunch conspired to buy and sell 698A DeKalb Avenue. Using straw buyers and a stolen identity, the group pocketed more than $2 million.

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