Monday, May 14, 2012

Attorney Is Disbarred Over Mortgage Fraud Conviction

Attorney Is Disbarred Over Mortgage Fraud Conviction
The New York Law Journal by Mike Paquette - April 26, 2012

A Long Island lawyer who was arrested in 2009 for mortgage fraud and pleaded guilty last summer to two counts of first-degree grand larceny and one count of second-degree grand larceny has been disbarred. The lawyer, Brandon Lisi of Glen Cove, was one of six lawyers caught in what Southern District prosecutors dubbed Operation Bad Deeds, an inter-agency task force mortgage fraud sweep that used straw buyers to obtain large loans using phony documents and intentionally defaulting on the loans and other schemes.  Lisi's disbarment by the Appellate Division, Second Department, was automatic after his felony convictions. He has yet to be sentenced. Another Long Island lawyer, Cheddi Goberdhan of Elmont, was sentenced last year to five years in prison after he admitted to his role in the massive mortgage fraud that netted a total of 40 people accused of cheating banks out of $23 million (NYLJ, June 9, 2011). Matter of Lisi, 2011-07456.


CLICK HERE TO SEE Related Background Story, "NY Attorney Pleads Guilty in Manhattan Federal Court in $23 Million Scam"

5 comments:

  1. Why does it take so long to pull the law license of these guys?

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  2. good... verrrrry good...

    --Michael A. Hense is Searching For Rule Of Law In America

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  3. No Michael not good enough - Each and every penny they and their families have must be taken from them and given to the people that got screwed!

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  4. Why single him out? PLenty more out there guilty of colluding with banks, bank attorney, mortgaors attorney.
    I find it difficult to comprehend why. Every once in a while. One person gets singled out and prosecuted. For doing what all the others are doing.
    He is just a token.

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  5. good... verrrrry good... --Michael A. Hense is Searching For Rule Of Law In America

    ReplyDelete