Attorney pleads guilty to mortgage fraud involving 13 Boston apartment buildings

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A former real estate attorney faces up to 20 years in prison after pleading guilty to 13 counts of wire fraud, mail fraud and money laundering for his role in a mortgage fraud scheme that ended with 13 triple-decker apartment buildings in Boston being sold at foreclosure or short sales with more than $2.5 million in losses for lenders.

Charles R. Sammon, 37, of West Pittston, Pa., served as the real estate closing attorney representing the mortgage lender in eight transactions, and was the seller in five others. Prosecutors said Sammon paid straw buyers up to $40,000 per transaction. Source: justice.gov