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Real Estate & Property Law

: The Home Equity Theft Reporter

Title Closing Agent Gets 4 Years For Role In $6M+ Escrow Swindle; Ripped-Off Loot Intended To Pay Off Existing Mortgages In Real Estate Deals

By r morris

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From the Office of the U.S. Attorney (NYC/Manhattan):PREET BHARARA, the United States Attorney for the Southern District of New York, [] announced that ERIC KOPPELMAN, a former title closer, was sentenced to four years in prison for his role in a scheme to steal over $6 million in proceeds of home mortgage loans. The stolen funds were intended to be used to pay off existing mortgages on the

Full post as published by The Home Equity Theft Reporter on July 13, 2010 (boomark / email).

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