Federal Mortgage Fraud client receives departure and variance

Lori Doganiero Palmieri

Case Conclusion Date:October 29, 2012

Practice Area:Federal Crime

Outcome:Clients advisory GL was 57-71 months. He was sentenced to 1 yr plus 1 day in BOP

Description:Federal mortgage fraud prosecution based on purchase and sale of waterfront property with falsely inflated purchase and sale price. Subsequent purchaser defaults on loan. Client pled to false statements to FDIC-insured lender.