Nike Roshe Run Men khnrlvkh

sei8tron3

A federal grand jury in Brooklyn has returned an indictment charging the defendant Edul Ahmad with participating in a mortgage fraud scheme in which he and others fraudulently obtained more than US$50 million in loans.The indictment alleges the defendant conspired to defraud financial institutions, including Bank of New York, JP Morgan Chase, Citibank, N.A.,Cheap MLS Jerseys, Countrywide Financial, Flushing Savings Bank, Fremont Investment and Loan, HSBC Bank USA, N.A.,Adidas Superstar Shoes On Sale, IndyMac Bank, One West Bank, U.S. Bank, and Wells Fargo & Company,Cheap Nike Air Max 1, and wholesale mortgage lenders, including New Century Mortgage Corporation and Ocwen Financial Corporation. Ahmad is charged with one count of conspiracy to commit bank and wire fraud and 10 counts of bank fraud.As detailed in the indictment,Cheap Jordan Sneakers Wholesale, from 1995 to 2009,NFL Jerseys China Cheap, Ahmad was a licensed real estate broker in the state of New York and also acted as a loan officer. As part of the alleged scheme,Cheap Football Jerseys, the defendant submitted false loan applications and supporting documents to make borrowers of mortgage loans appear to be more creditworthy than they actually were.The defendant did that in order to profit from real estate commissions and loan fees generated by the transactions.Additionally, at the closings,Cheap Jerseys 2018, Ahmad prepared and submitted documents that falsely misrepresented whether the borrowers actually made any payments to the sellers and understated the amounts of Ahmad’s real estate commissions and loan fees.In doing so, Ahmad prevented the financial institutions from discovering that his fees exceeded those permitted by the institutions. Many of the homes involved were ultimately lost in foreclosures because the borrowers could not afford to make their mortgage  payments.