The Traderszone Network

Published in TZ Latest News 7 April, 2017 by The TZ Newswire Staff

LES landlord indicted for mortgage fraud

New York State Attorney General Eric Schneiderman charged a Lower East Side landlord with lying about his rent roll to land a $5 million mortgage. According to a statement released Thursday, the AG accuses Dean Galasso of submitting forged documents inflating the rental income at the multifamily walkup 43 Essex Street to land an acquisition loan from Investors Bank. He bought the building for $6.9 million in 2014, records show. The mortgage fraud charges stem […]

read more