NYS Cops Set Up "Aaron Dare" Mortgage Fraud Hotline

In Albany, New York, Capital 9 News reports that the New York State Police want to hear from you if you believe you've been a victim of mortgage fraud involving Aaron Dare. Prosecutors said the former head of the Urban League of Northeastern New York lied to get federal money to buy properties in Albany's Pastures neighborhood, scamming homeowners out of thousands of dollars. Dare was first arrested last November on felony fraud charges, pleaded guilty, and had been out on bond until he was arrested again recently for alleged real estate crimes that took place over the last nine months.

Anyone who thinks they may have been a victim of Aaron Dare's alleged scams is encouraged to call the State Police Financial Crimes Unit at [518] 786-2192. For more, see Mortgage fraud hotline set up as city receives funding for housing project.

For a recent article on the underlying real estate fraud, see Masters at persuasion (Deals end in real estate failures, bankruptcy) (reported by The Albany Times-Union) - Page 1 , Page 2 , Page 3 , Page 4 , Page 5 .