Sunday, March 4, 2012

17 ACCUSED OF $1M REAL ESTATE SCHEME.(CAPITAL REGION)

Byline: Associated Press

NEW YORK -- More than a dozen people have been accused of staging fake real estate closings and impersonating homeowners to steal $1 million from mortgage companies, according to Queens prosecutors.

Prosecutors said Thursday that three lawyers, an unlicensed real estate broker, a title closer and 12 other people were indicted. People were allegedly paid up to $500 to pose as home buyers and owners in meetings with mortgage companies.

Queens District Attorney Richard Brown …

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