Queens straw buyer to lecture on her crime

TRD New York /
Nov.November 19, 2009 01:06 PM

A 32-year-old woman convicted last month of acting as a straw buyer in the theft of the Jamaica, Queens home of a mentally disabled 93-year old man must give lectures on mortgage fraud as part of her punishment, the office of the Queens district attorney said in a statement today.

According to prosecutors, straw buyer Rebecca Tharpe, of Brentwood, LI, partnered with an accomplice to steal the home of Artee McKoy, a retired barber with Alzheimer’s disease, at 146-04 116th Avenue, in the fall of 2005. McKoy died Dec. 24, 2008.

To take title of the building, McKoy’s signature was forged on a sales contract between him and Tharpe that was used to obtain a mortgage on the property. Later, the home was sold for $395,000, giving Tharpe a profit of $102,000 and giving the accomplice Alexandra Gilmore, who was sentenced to two to six years in prison for the crime, more than $200,000, the district attorney’s office said. Gilmore also fraudulently refinanced another McKoy property, at 209-47 45th Drive in Bayside, Queens, profiting by more than $300,000, prosecutors said.
 
Tharpe was sentenced today to 30 days in jail, five years’ probation and a $2,500 fine. In addition, the Queens judge required that she speak at mortgage fraud forums for two out of the five years in her probation.

The DA’s office said it believed this was the first conviction of a straw buyer ever in Queens. TRD


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Economic Development Corporation CEO James Patchett (Getty; iStock)

EDC’s $58M in Times Square rent mostly sunk into ferries

EDC’s $58M in Times Square rent mostly sunk into ferries
As shopping habits shift toward the digital, some property owners think demanding a portion of retail tenants’ online sales is only fair. (iStock)

Landlords eye taking cut of retailers’ online sales as rent

Landlords eye taking cut of retailers’ online sales as rent
A former Bloomberg construction director pleads guilty to tax fraud after accepting bribes for employment (iStock)

Bloomberg construction director pleads guilty to tax fraud

Bloomberg construction director pleads guilty to tax fraud
AKA Wall Street at 84 William Street (Google Maps)

Prodigy Network’s AKA Wall Street hotel closes permanently

Prodigy Network’s AKA Wall Street hotel closes permanently
Sotheby’s CEO Charles Stewart and 1334 York Avenue (Sotheby's; Google Maps)

Sotheby’s gets $483M loan for its UES headquarters

Sotheby’s gets $483M loan for its UES headquarters
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...