Property Manager from Mountainside admits role in multi-million-dollar mortgage fraud
CAMDEN — A property manager and a straw purchaser have admitted their roles in a scheme to defraud financial institutions as part of a multi-million-dollar mortgage fraud that used phony documents and “straw buyers” to make illegal profits on over-developed condominiums in the Wildwood area, U.S. Attorney Paul J. Fishman announced Thursday. Paul Watterson, 53, […]