2 Lawyers Among 17 Charged in $3M Mortgage Rescue Fraud
Two New York lawyers are among 17 defendants charged in a mortgage rescue fraud case announced today by the Queens District Attorney’s Office.
Contacted by distressed owners seeking to save their homes from foreclosure, the defendants allegedly responded by stripping $3 million in equity from 26 properties, leaving the owners worse off than they were to begin with, according to NY1 News.
A press release (PDF) from the district attorney’s office provides additional details.
The two lawyers named as defendants are Shawn Chand, 34, and Trevor Rupnarain, 48. Rupararain is also a registered real estate broker and maintains a real estate office as well as a law office in Queens, the release says.
The NY1 News article doesn’t include any comment from the defendants, who are charged with grand larceny and criminal possession of stolen property.
Write a letter to the editor, share a story tip or update, or report an error.
