Montclair Man Pleads Guilty to $139 Million Scheme That Bankrupted New Jersey Mortgage Company

U.S. NewswireJune 11, 2009

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To: NATIONAL EDITORS

Contact: Michael Drewniak of U.S. Department of Justice, +1-973- 645-2888

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Montclair Man Pleads Guilty to $139 Million Scheme That Bankrupted New Jersey Mortgage Company

NEWARK, N.J., June 11 /PRNewswire-USNewswire/ -- A Montclair man pleaded guilty today to mail and wire fraud and money laundering charges in connection with a $139 million fraud scheme that bankrupted Pine Brook-based U.S. Mortgage Corp. and its subsidiary, CU National Mortgage, LLC,...

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