Brooklyn Attorney Charged In Straw Buyer Scheme

EmpireStateNews.net reports:

• "Federal and New York officials Thursday announced the arrest of Brooklyn attorney, Alexander Kaplan, on charges of participating in a multimillion-dollar sub-prime mortgage fraud scheme. The arrest was made based on a Complaint filed in Manhattan federal court. The allegations against Kaplan relate to charges contained in a superseding Indictment, unsealed Wednesday in Manhattan federal court, charging 26 other individuals with participating in a wide-ranging scheme to commit mortgage fraud by submitting to sub-prime lenders loan applications and supporting documents that contained false information and material omissions."

Among those charged in the superseding indictment are three New York brokerage firms, Northside Capital, AGA Capital and its successor Lending Universe, and AGA Capital owner Galina Zhigun.

For more, see Brooklyn attorney charged with multi-million dollar sub-prime mortgage fraud scheme.

See also, Brooklyn Attorney Charged In Mortgage Fraud Scheme (North Country Gazette).

For an earlier post on this story, see NYC Feds Charge 26 In $200 Million Straw Buyer, Identity Theft Mortgage Scam.