Four Defendants Charged In Manhattan Federal Court with $3 Million Mortgage Fraud Scheme

December 15, 2010 – (RealEstateRama) — PREET BHARARA, the United States Attorney for the Southern District of New York, and JANICE K. FEDARCYK, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced charges against four defendants in a two-year scheme in which the defendants obtained fraudulent mortgages exceeding $3 million