Jersey City Prosecutor's Office Indicts Four For Allegedly Recording Forged Satisfaction Of Mortgage, Then Using 'Unencumbered' Property To Obtain New Mortgage Loan

In Jersey City, New Jersey, The Jersey Journal reports:

• Former state Senate and Assembly candidate Bruce Alston and two other family members were arraigned [...] on a 27-count indictment for their alleged role in a sophisticated mortgage fraud scheme.
  
  Alston, 44, of Jersey City, was indicted along with his sister, Gail Alston, 50; his mother, Helen Alston, and ex-girlfriend Maisha Taylor, 42, of Newark, authorities said.
  
  They are charged with conspiring to file a false document with the county stating the mortgage held on a Bramhall Avenue property had been paid off, even though an amount in excess of $75,000 was still owed on the mortgage, the indictment says.
  
  In the second half of the indictment, Bruce Alston, Gail Alston and Helen Alston are charged with using the false representation that the mortgage had been paid off in order to obtain another mortgage to purchase a property.
  
  Those charged are alleged to have been acting on behalf of Blu Angle LLC, officials said.
  
  The charges are based on the alleged actions of the accused between the period of Oct. 1, 2011 and Oct. 31, 2015, the indictment says.
  
  In January 2012, Bruce Alston and Taylor were charged with conspiring to sell a parcel of Jersey City real estate they did not own and then using the sale proceeds to buy the property themselves, authorities said at the time. Charges were later dropped after the alleged victim died.
  
  Among the charges file against various defendants in this case are theft by deception, conspiracy, theft by failure to make required disposition of property received, making a simulated document, tampering with public records or information, falsifying records, forger and wrongful impersonation, the complaint says.

For the story, see Failed N.J. political candidate, mom and sis indicted in mortgage fraud scheme.