6 indicted on mortgage fraud-related charges

Six more people were indicted Tuesday in New Jersey on charges related to mortgage fraud. The charges come in three separate cases. The majority of the indictments were filed against employees of a mortgage

News 12 Staff

Jul 1, 2009, 12:11 AM

Updated 5,583 days ago

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Six more people were indicted Tuesday in New Jersey on charges related to mortgage fraud.
The charges come in three separate cases. The majority of the indictments were filed against employees of a mortgage broker who allegedly stole personal information from loan applicants to get mortgages and credit cards of their own.
A separate broker was indicted for allegedly filing false applications. Rounding out the indictments was an East Orange man accused of lying about work history and income to acquire a house he couldn't afford.
All of the defendants face five to 10 years in prison for each offense.