Trending

Brooklyn men charged in mortgage scam

Sign Up for the undefined Newsletter

Two Brooklyn men have been charged with defrauding Fannie Mae and Credit Suisse First Boston out of millions through a defunct mortgage lender. Leib Pinter and Barry Goldstein were indicted as principles of Olympia Mortgage Corp., which operated on Coney Island Avenue until closing in 2004. The charges are the first made by a new mortgage fraud unit at the Eastern District U.S. Attorney’s office in Brooklyn. Pinter was charged with misappropriating $44 million disbursed by Fannie Mae to refinance 257 home mortgages. Goldstein was charged with falsifying bad loan repayment histories to con Credit Suisse First Boston into buying non-performing mortgages. 

Recommended For You