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Salem developer sentenced to four years in prison for decade-long mortgage fraud scheme

Por: The Boston Globe Nation October 22, 2022

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A Salem real estate developer was sentenced to four years in prison on Friday in connection with a decade-long mortgage fraud scheme that resulted in more than $3.8 million in losses to lenders, according to the US Attorney’s office or Massachusetts. George Kritopoulos, 50, was convicted by a federal jury on one count of conspiracy, two counts of wire fraud, six counts of bank fraud, one count of aiding the preparation of a false income tax... + full article



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