NJ Feds Squeeze Guilty Plea From Another Sale Leaseback Peddler In Equity Stripping Ripoff Of Homeowners In Foreclosure Having High Equity, No Cash
Written by Administrator on January 16th, 2012From the Office of the U.S. Attorney (Newark, New Jersey):A former employee of a Parsippany, N.J., mortgage lender admitted [] to taking $ 138,402 in illegitimate proceeds of multiple home sales as a result of a mortgage fraud scheme, U.S. Attorney Paul J. Fishman announced.Jorge Abbud, 33, of Dover, N.J., pleaded guilty before U.S. District Judge William H. Walls in Newark federal court to an
The Home Equity Theft Reporter
Tags: Another, Cash, Equity, Feds, Foreclosure, From, Guilty, Having, High, Homeowners, Leaseback, Peddler, Plea, Ripoff, Sale, Squeeze, Stripping
