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Loan Modification

: Flipping Frenzy

Former Partner in New Jersey-Based Insurance Brokerage Firm Sentenced to Four Years in Prison for Orchestrating $20 Million Fraudulent Loan Scheme

By Ralph Roberts

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NEWARK, NJ?A former partner of the New Jersey-based insurance brokerage firm Smith Gatta Gelok was sentenced today to 48 months in federal prison for his role in a $20 million fraudulent loan scheme, U.S. Attorney Paul J. Fishman announced. Gavin Gatta, 48, of Wayside, N.J., previously pleaded guilty before U.S. District Court Judge Dennis M. [...]

Full post as published by Flipping Frenzy on January 26, 2011 (boomark / email).

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