Browsing this Thread:
1 Anonymous Users
|
Re: Guilty plea in mortgage conspiracy by U.S. Mortgage Corp. - conspired with a Jersey City man
|
||||
|---|---|---|---|---|
|
Home away from home
 
Joined:
2006/11/13 18:42 Last Login : 2022/2/28 7:31 From 280 Grove Street
Group:
Registered Users
Posts:
4192
 |
A mere tip of the iceberg.
Posted on: 2009/2/26 21:10
|
|||
|
My humor is for the silent blue collar majority - If my posts offend, slander or you deem inappropriate and seek deletion, contact the webmaster for jurisdiction.
|
||||
|
||||
|
Guilty plea in mortgage conspiracy by U.S. Mortgage Corp. - conspired with a Jersey City man
|
||||
|---|---|---|---|---|
|
Home away from home
|
Guilty plea in mortgage conspiracy
Thursday, February 26, 2009 An Oakland man has pleaded guilty in federal court to conspiring with a Jersey City man and others in a mortgage fraud and money laundering scheme involving two-and three-family homes in Paterson, officials said. Gerald Carti, 62, a former loan officer and shareholder of Pine Brook-based U.S. Mortgage Corp., pleaded guilty on Tuesday to wire fraud conspiracy and money laundering conspiracy, officials said. A number of codefendants have already pleaded guilty and a trial is scheduled to begin on May 4 for several others, including Amer Mir, of Jersey City, officials said. Carti admitted that he gave applications for mortgage loans for some of the properties to Mir, a loan officer at Jersey City-based United Home Mortgage Co., who allegedly demanded bribes from others to ensure the mortgage loans being sought were approved, officials said. The alleged conspiracy involved securing no-downpayment loans for people who did not qualify for them, and selling them residential properties at inflated prices, officials said. MICHAELANGELO CONTE
Posted on: 2009/2/26 14:07
|
|||
|
||||