Man Pleads Guilty to Mortgage Fraud

A man in the Camden, New Jersey has reportedly pleaded guilty to a mortgage fraud scheme. According to reports, the man admitted to his role in a $40.8 million mortgage fraud matter where “straw buyers” were allegedly recruited to purchase real estate properties based on fraudulent mortgage loan applications. He formally pleaded guilty to charges of conspiracy to commit wire fraud and conspiracy to commit money laundering.

Fraud charges are not taken lightly by courts and should be handled properly at all times. There are many difficult legal aspects that you will have to deal with when charged with fraud. You will want to protect your rights and ensure that justice is upheld. Being charged and convicted can affect your personal and professional life so it’s important that you seek help when dealing with this situation. By working with a criminal defense attorney, you can protect your rights and allow for an expert to handle the difficult legal aspects you will be facing. It’s in your best interest to have a defense lawyer working on your behalf so that you do not have to worry about how to handle your case. If you or someone you know is being charged then you should take the time to contact a defense attorney to begin discussing your case and moving forward.