Phones Start Ringing At Brooklyn DA's Deed Scam, Mortgage Fraud Unit
- [Brooklyn District Attorney] Charles Hynes says his new mortgage and real estate fraud unit has opened more than 80 investigations since March, leading to the indictment of eight people. [...] Hynes says the new unit was created with $875,000 of federal funding, and is investigating cases of mortgage fraud, refinancing fraud, predatory lending, deed theft and foreclosure rescue scams. The unit has received hundreds of calls since establishing a hot-line earlier this year.
Source: New Unit in Brooklyn DA's Office Cracks Down on Real Estate Fraud.
See also, Brooklyn Daily Eagle: The Senator and the Prosecutor: Fighting Mortgage Fraud in Brooklyn.
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