A real estate portfolio manager has pleaded guilty to charges related to mortgage fraud after he doctored financial statements and misrepresented apartment occupancy rates to secure nearly $50 million in loans, according to federal authorities.
Jacob Deutsch, 57, of Brooklyn, N.Y., admitted to participating in an elaborate plot to defraud several financial institutions, including government-sponsored Freddie Mac and Fannie Mae, and the U.S. Department of Housing and Urban Development, authorities said.
Related Keywords
Freddie Mac , Jacob Deutsch , Abraham Deutsch , Tomara Williams , Aaron Deutsch , Us Department Of Housing , Fannie Mae , Urban Development , Judge Omar ,
vimarsana.com © 2020. All Rights Reserved.