search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boom“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
South Florida

Delray Beach mortgage broker sentenced

Sign Up for the undefined Newsletter

John Mohan, a Delray Beach mortgage broker, was sentenced today to 33
months in prison for a wire-fraud operation that took more than $1.2
million from clients. Mohan, 33, collected money from buyers and
lenders and told them it was being held for various uses, including the
payment of pre-existing mortgages. But Mohan actually kept the money
for personal uses and investments.