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Man Admits To Conspiring With Maryland Brother To Obtain Federal Housing Loan
The brother of a Baltimore business owner has admitted to falsely claiming his brother's bank balance and activity to obtain a federal housing administration loan, officials say.
Calvin Abramowitz, 48, of Lakewood, New Jersey, has been ordered to pay $209,036 after pleading guilty to bank fraud, according to the Department of Justice.
Abramowitz and his brother, Philip Abramowitz, age 40, of Pikesville, Maryland, conspired to defraud at least one financial institution to obtain Federal Housing Administration loans and property under false pretenses, officials said.
Philip Abramow…
