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38°
Thursday, dec 12
Tag:
Mortgage Lenders
News
Ridgefield Park Man Gets 15 Months In Fed Pen For Major Mortgage Fraud
A Ridgefield Park man was sentenced Friday to 15 months in federal prison for his role in a scheme to defraud mortgage lenders out of hundreds of thousands of dollars. Dennys A. Tapia, 55, took a deal from the government rather than go to trial, pleading guilty to a single count of conspiring to commit bank fraud last December. He'll have to serve out the entire sentence because there's no parole in the federal prison system. Tapia and a number of unnamed co-conspirators produced bogus documents to a loan officer for potential borrowers, including fraudulent lease agreements, bank statement…