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8th Fraud Charge for RI State Senator

October 28, 2010
Total Loss: Unknown

State senator and real estate attorney Christopher B. Maselli has been charged with another count of mortgage fraud, the Target 12 Investigators have learned. Maselli, a two-term Democrat from Johnston, is now facing eight counts of bank fraud. Federal prosecutors say the 38-year-old falsified bank and tax documents and lied about income in order to obtain $1.7 million worth of loans - up from a previous estimate of $1.5 million.

Source: WPRI
Tags: LoanMortgage