Queens straw buyer to lecture on her crime

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
Extell's Gary Barnett and One57 (Getty)
One57 is 90% sold: Extell announces Q1 sales
One57 is 90% sold: Extell announces Q1 sales
The Real Deal's E.B. Solomont
CoStar hits it Home, office-startups make bank
CoStar hits it Home, office-startups make bank
Issue is live April 2021
TRD’s April issue is live for subscribers!
TRD’s April issue is live for subscribers!
Nick Candy and One Hyde Park (Getty, Wikimedia/Rob Deutscher/Flickr)
Sweet Jesus: Nick Candy asks $241M for London penthouse
Sweet Jesus: Nick Candy asks $241M for London penthouse
The law included a five-year rent freeze for all units built as recently as 2013, and a rent hike cap based on the property’s age plus 1.3 percent inflation. (iStock)
Berlin’s rent law was historic. Now it’s history
Berlin’s rent law was historic. Now it’s history
arrow_forward_ios

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

Loading...