Mortgage broker, lender and real estate agent Marco Laureti has been convicted in. on luxury condos at 45 Hendricks Isle in Fort Lauderdale.
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The properties were handled by Steven Stroll, a Fort Lauderdale lawyer who owned a title company, and Boca Raton lawyer Steven Orchard, the newspaper said. Two mortgage brokers also were charged.
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Since September 2007, federal authorities in South Florida have charged more than 100 individuals in mortgage fraud cases involving roughly $140 million. Those indicted include mortgage brokers.
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Mortgage Broker South Miami A co-conspirator orchestrated the scheme, in which defendant John Fisher, a licensed mortgage broker. “South Florida continues to be a hot spot for mortgage fraud,” said Special Agent in Charge.