A local business owner was convicted Thursday of defrauding taxpayer-funded mortgage lenders out of millions of dollars in a years-long scheme involving fraudulent short sales of distressed properties. Queens resident Avraham Tarshish, 40, now faces up to 30 years in prison after a Brooklyn jury found him guilty of conspiracy to commit wire fraud…
Tag: fraud
Former Queens cop indicted for conspiracy to commit wire fraud, swindling investors out of millions: Feds
Feb. 29, 2024 By Bill Parry
A former city cop from Bellerose was arrested by federal agents on Wednesday and indicted for conspiracy to commit wire fraud for allegedly swindling investors out of nearly $5 million they put into the foreign exchange-focused investment fund he founded in 2020.