Lawyer Admits Defrauding Mortgage Lenders of $1 Million by Diverting Closing Funds & Filing False Settlement Statements

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By Newjersey RealEstateRama -

TRENTON – September 12, 2012 – (RealEstateRama) — Attorney General Jeffrey S. Chiesa announced that a lawyer from Red Bank pleaded guilty today to conspiring with others to steal over $1 million from lenders by filing fraudulent mortgage applications, diverting mortgage proceeds and falsifying settlement statements

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