The Real Deal New York

Nine people arrested for mortgage scam

November 19, 2008 01:46PM

Nine people, including a Brooklyn court official, were indicted
yesterday in a $1.4 million mortgage fraud scheme. The con artists
allegedly used fake identification to buy and sell two Queens
properties and one Brooklyn property, and take out mortgages on the
homes, authorities said. The victims, whose identities were stolen, are
now facing foreclosure and are fighting off banks over the mortgages taken
out in their names.

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