The Real Deal Miami

Broward man gets 42 months for role in Versailles mortgage fraud scheme

October 17, 2012 11:15AM

A Broward County resident has been sentenced to 42 months in prison and three years of supervised release after pleading guilty to charges involving a mortgage fraud ring at the Versailles development in Wellington, according to United States Attorney for the Southern District of Florida Wifredo Ferrer. Juan Carlos Rodriguez pleaded guilty to conspiracy to commit mail fraud, wire fraud and financial institution fraud, along with conspiracy to commit money laundering. More than 30 defendants have been prosecuted for mortgage fraud in Versailles in the past five years. — Alexander Britell