Friday, June 29, 2007

Upstate NY Feds Get Straw Buyer Guilty Plea In Mortgage Fraud

According to EmpireStateNews.net, Federal authorities announced that William Lask, 63, of Schenectady, New York pleaded guilty Wednesday to conspiring with Anthony Andersen and others in a mortgage fraud scheme. Lask admitted in substance that he acted as a straw borrower in the charged scheme, allowing Andersen to use his name and personal information to obtain loans for two properties in Troy, NY, and that Andersen paid him $17,000 for the two loan transactions. For more, see Man pleads guilty to mortgage fraud.

Go here for prior posts on this alleged mortgage fraud scam.