New York man indicted in $2.5 million real estate invesment fraud allegations
Written by Administrator on August 23rd, 2010Adam C. Hochfelder, on charges of defrauding investors in two real estate deals, following an investigation by the Manhattan District Attorney’s Office. Today’s indictment charges Hochfelder with engaging in schemes to steal approximately $ 2.5 million from investors in his purported acquisition of the Sagamore Hotel on Lake George, and The Peaks Resort and Spa in Telluride, Colorado.
Tags: $2.5, allegations., Daily, Daily Mortgage Fraud News, Estate, Fraud, Indicted, invesment, Manhattan, Manhattan District Attorney, million, Mortgage Fraud, New York, Real, Telluride, York
