USA v. Masaschi, et al
Case Number:
3:23-cr-30014
Court:
Nature of Suit:
Judge:
Firms
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April 22, 2025
Real Estate Investor Cops To $19M Loan Fraud
A Massachusetts real estate investor pled guilty Tuesday to defrauding multiple lenders of more than $19 million by submitting forged leases and rent rolls in support of $60 million worth of loan applications, federal prosecutors said.
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May 25, 2023
Mass. Couple Arrested In Real Estate Fraud Scheme
Married couple Louis R. Masaschi and Jeanette Norman were arrested Tuesday for allegedly defrauding commercial lenders by presenting forged lease agreements and fake rent rolls for properties in Massachusetts and Connecticut.