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Mendel Zilberberg

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$1.4M Fraudulent Bank Loan Scheme: Man From Region Sentenced $1.4M Fraudulent Bank Loan Scheme: Man From Region Sentenced
$1.4M Fraudulent Bank Loan Scheme: Man From Region Sentenced A Hudson Valley man has been sentenced to prison in connection with a scheme to obtain a fraudulent $1.4 million loan from Park Avenue Bank. Rockland County resident Mendel Zilberberg, age 65, of Monsey, was sentenced on Wednesday, March 19 following a one-week trial. According to court documents, Zilberberg, who was a member of the bank's board of directors at the time of the offense, conspired with others, including Aron Fried, to obtain a fraudulent loan using a "star borrower" to make the loan application.  The straw borrower applied for a $1.4 million loan from the Bank base…

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by Kathy Reakes