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Real Estate & Property Law

: The Home Equity Theft Reporter

Lawyer, NYC Dominatrix Bagged In Alleged $50M Mortgage Scam; Scores Of High End Homes End Up Foreclosed; Fetish Customers "Posed" As Straw Buyers: DA

By r morris

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In Suffolk County, New York, Newsday reports:A former Suffolk legislator, a Manhattan dominatrix and several other people were charged Wednesday in what Suffolk prosecutors said was a $50 million web of mortgage fraud that began in a Manhattan fetish club and ended with scores of pricey Southampton homes ownerless and in foreclosure. George Guldi, 57, of Westhampton Beach, a private attorney

Full post as published by The Home Equity Theft Reporter on March 26, 2009 (boomark / email).

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