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Wyckoff Man Charged with Mortgage Fraud, SBA Loan Fraud and Aggravated Identity Theft

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the staff of the Ridgewood blog

Wyckoff NJ,  a Bergen County, New Jersey, man was arrested today on charges of engaging in mortgage fraud, fraudulently obtaining an SBA loan, and stealing another person’s identity information, Acting U.S. Attorney Rachael A. Honig announced.

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Teaneck Property Manager Admits Decade-Long $80 Million Mortgage Fraud Scheme

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the staff of the Ridgewood blog

Teaneck NJ, a Bergen County, New Jersey, man today admitted orchestrating a long-running bank and securities fraud scheme, which led to large-scale losses for financial institutions and investors, Acting U.S. Attorney Rachael A. Honig announced.

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Feel the Bern: Feds looking into Comrade Bernie Sanders, wife Jane over real estate deal

Bernie Sanders
June 28,2017
the staff of the Ridgewood blog

The Socialist Utopia of  Vt. , Federal investigators are now looking into the finances behind a real estate deal for a now-defunct college put together by the wife of U.S. Sen. Bernie Sanders. Comrade Sanders has confirmed on Monday she has hired a lawyer to look after her interests.

The investigation, first reported by the news website Vtdigger.com, is looking into allegations that Jane O’Meara Sanders made fraudulent claims and promises while seeking $10 million in financing for the real estate deal.

The complaint against Comrade Jane Sanders was filed in early 2016 by attorney Brady Toensing, who served as the Vermont campaign chairman for Donald Trump during his run for president as a Republican. In a separate complaint, Toensing alleged that Bernie Sanders’ senatorial office pressured a bank to approve the loan.

Back in 2010, Comrade Jane Sanders was president of the tiny Burlington College when she brokered a $10 million deal for the college to buy the last undeveloped parcel of land in Burlington on the Lake Champlain waterfront made up of 32 acres overlooking the lake and the 77,000-square-foot former orphanage and administrative offices of Vermont’s Roman Catholic Church, which needed the money to settle a series of priest sex abuse cases.

Then in January 2016, Toensing filed a complaint with the Vermont office of the U.S. attorney and the Federal Deposit Insurance Corp. He alleged a loan used by the college to buy the land “involved the overstatement and misrepresentation of nearly $2 million … in what were purported to be confirmed contributions and grants to the college.”