Queens fraudster sees home taken by squatters

New York /
Apr.April 27, 2014 12:00 PM

In a twist of sweet irony, a Queens mortgage scammer, convicted of defrauding distressed homeowners, is seeing his own home overrun with squatters.

Since Isaak Khafizov was sentenced to nine years in prison for defrauding borrowers, his two-story Howard Beach home – worth approximately $562,000 — on 90th Street has repeatedly been stormed by transients, according to the New York Post.

“Who are they, and where did they come from?” one neighbor fumed to the Post. The resident added that one squatter laughed when police cuffed him last week. “When the cops came, he had no shame.”

And while locals may not be fans of the squatters, many feel that Khafizov is getting what he deserves.

“He messed with a bunch of people’s lives,” said Vicki Tepper, a victim of Khafizov scheme, in which he promised to modify her mortgage and lower her monthly payments, but instead pocketed the cash. “He took our money, and he tricked us into believing things that weren’t true.” [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
Paul Manafort and Manhattan district attorney Cyrus Vance, Jr. (Getty)
Manafort mortgage-fraud case dismissed, again
Manafort mortgage-fraud case dismissed, again
Letitia James (Credit: Timothy A. Clary/AFP via Getty Images, iStock, Pixabay)
Real estate was among top consumer gripes in 2019
Real estate was among top consumer gripes in 2019
From left: 1578 Union Street in Brooklyn, Daniel Melamed (inset) and Eric Schneiderman (Credit: Google Maps, Getty Images, Facebook)
Overzealous investigators went too far in pursuit of Brooklyn landlord, appellate court rules
Overzealous investigators went too far in pursuit of Brooklyn landlord, appellate court rules
Paul Manafort and Manhattan District Attorney Cyrus Vance Jr. (Credit: Getty Images)
Judge tosses mortgage-fraud case against Manafort
Judge tosses mortgage-fraud case against Manafort
Florida man sentenced in $3.5M mortgage fraud scheme that targeted Orthodox Jewish community
Florida man sentenced in $3.5M mortgage fraud scheme that targeted Orthodox Jewish community
Florida man sentenced in $3.5M mortgage fraud scheme that targeted Orthodox Jewish community
Penny Bradley (Credit: Getty Images)
Upper East Side developer funded “lavish lifestyle” through mortgage fraud: Manhattan district attorney
Upper East Side developer funded “lavish lifestyle” through mortgage fraud: Manhattan district attorney
Morgan Management's Robert C. Morgan and the Avon Commons apartment complex in Avon, N.Y. (Credit: Rochester Institute of Technology)
Lenders poised to take over apartment empire amid massive mortgage fraud probe
Lenders poised to take over apartment empire amid massive mortgage fraud probe
How a New York mortgage broker scammed large banks and Fannie and Freddie
How a New York mortgage broker scammed large banks and Fannie and Freddie
How a New York mortgage broker scammed large banks and Fannie and Freddie
arrow_forward_ios

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

Loading...