MORTGAGE FRAUD, BANK FRAUD and REAL ESTATE FRAUD
Fraud, in one form or another, has become the white collar crime of the 21st century.
Sam Rabin is an AV Rated and Award Winning lawyer who has more than thirty (30) years of experience representing individuals under investigation or charged with Mortgage Fraud, Bank Fraud and Real Estate Fraud.
During the second half of the 2000's a new white collar crime came to the forefront involving bankers, loan officers, mortgage brokers, mortgage bankers, real estate agents, real estate brokers, and individuals applying for a loan or a mortgage. This crime is loosely called mortgage fraud, bank fraud or real estate fraud.
Typically prosecuted under existing federal statutes involving mail fraud or wire fraud, any person who intentionally and willfully utilized a false or fraudulent document or statement to obtain a mortgage can be charged with mortgage, bank or real estate fraud.
In plain English, this means that if you prepared, submitted or participated in the submission of any document or written statement in support of a mortgage or loan application that contained any false or misleading information which was part of a loan application package which a bank, credit union or mortgage company relied upon to loan funds, you may be accused of a serious Federal or State crime and could be prosecuted. Conduct which may give rise to these prosecutions may involve people who acquired a loan for the purpose of flipping the property for resale at a profit.
If you personally or through another person by means of an arrangement or tacit accord (which may be considered by to be a criminal conspiracy) participated in an agreement to obtain money from a bank or lender by means of a false or fraudulent mortgage application, you should consult with an attorney as Federal and State task forces are investigating mortgage documents at many banks, mortgage companies and title companies. Transactions that are under review may have resulted in losses to a bank even though actual monetary loss is not a necessary component to bank fraud or mortgage fraud. Click HERE to read more»
