Former South Hadley MA resident admits to 75 million bank fraud
May 24, 2011
Total Loss:
$75 Million
A former South Hadley man pleaded guilty Monday to participating in a $75 million, Massachusetts-to-Florida mortgage scam.
Jason R. Foisy, 34, of Port Orange, Fla., pleaded guilty to conspiracy, bank fraud, money laundering and two counts of wire fraud in U.S. District Court.
Foisy and two others – James ...
Source:
MassLive.com
Posted in:
Money Laundering
ACH and Wire Fraud