Real Estate Investor Pleads Guilty, Sentenced in Connection with Operating Elaborate Mortgage Fraud Scheme to Defraud Homeowners

BOSTON, MA – March 7, 2011 – (RealEstateRama) — A real estate investor has pled guilty in connection with participating in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in the Greater Boston area, Attorney General Martha Coakley’s Office has announced.John Sweetland, age 29, of Yorba Linda, California, pled guilty in Suffolk Superior Court this week to charges of Larceny over $250 (33 Counts), Making or Publishing False or Exaggerated Statements (11 counts) and Attempt to Make or Publish a False or Exaggerated Statement (3 counts).