Two Connecticut Men Arrested for Multifamily Mortgage Scam

Mortgage Professional America, May 24, 2021–Candyd Mendoza
According to court documents, they allegedly defrauded CBRE Capital Markets and Freddie Mac by acquiring a mortgage loan through an entity known as 16 53 Evergreen Avenue LLC to refinance the two Hartford properties. The two, and others, purchased the properties for roughly $1.8 million.