Register now !    Login  
Main Menu
Who's Online
109 user(s) are online (108 user(s) are browsing Message Forum)

Members: 0
Guests: 109

more...




Browsing this Thread:   1 Anonymous Users






Re: Guilty plea in mortgage conspiracy by U.S. Mortgage Corp. - conspired with a Jersey City man
#2
Home away from home
Home away from home


Hide User information
Joined:
2006/11/13 18:42
Last Login :
2022/2/28 7:31
From 280 Grove Street
Group:
Registered Users
Posts: 4192
Offline
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.
 Top 


Guilty plea in mortgage conspiracy by U.S. Mortgage Corp. - conspired with a Jersey City man
#1
Home away from home
Home away from home


Hide User information
Joined:
2004/9/15 19:03
Last Login :
2023/8/15 18:42
Group:
Registered Users
Posts: 9302
Offline
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
 Top 








[Advanced Search]





Login
Username:

Password:

Remember me



Lost Password?

Register now!



LicenseInformation | AboutUs | PrivacyPolicy | Faq | Contact


JERSEY CITY LIST - News & Reviews - Jersey City, NJ - Copyright 2004 - 2017