Stay updated with breaking news from Aaron Deutsch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Two men from New York have been sentenced for their alleged involvement in a multimillion-dollar mortgage fraud scheme in Hartford, Connecticut, according to...
Two men from New York have been sentenced for their alleged involvement in a multimillion-dollar mortgage fraud scheme in Hartford, Connecticut, according to...
BY: 24/7 CRIME DESK | BocaNewsNow.com
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/5YESPKMBD5FV7NVKIRFGJNOYLE.jpg)
Court filings show that in one case, Jacob Deutsch went to extraordinary length - renting furniture and recruiting phony tennants - to persuade lenders to refinance BH Property Management’s $1.2 million purchase in 2017 of a 24 unit apartment building at 16 Evergreen Ave. in Hartford’s West End.
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.