Former New Jersey Mortgage Broker Admits Role in Multi-Million-Dollar Mortgage Fraud Scheme
August 2, 2011
Total Loss:
Multi-Million
A former New Jersey mortgage broker admitted today that he participated in a mortgage fraud scheme which defrauded lenders and generated millions of dollars in fraudulent mortgage loans, U.S. Attorney Paul J. Fishman announced.
Ara Mesropian, 39, of Paramus, N.J., pleaded guilty to an information charging him with one count of conspiracy to commit wire fraud. Mesropian entered his guilty plea before U.S. District Judge Peter G. Sheridan in Trenton federal court.
Source:
FBI
Posted in:
ACH and Wire Fraud