Contact Us
Make My Homepage

Admitted NJ Mortgage Fraud Ringleader Sentenced

The admitted ringleader of a northern New Jersey mortgage fraud scheme has been sentenced to a decade in state prison and ordered to pay restitution.

Genilza Nunes (NJ Attorney General’s Office)

 

The state’s attorney general says Genilza R. Nunes led a team that defrauded a mortgage lender out of more than $431,000 by obtaining a loan and purchasing a Newark property in the name of a dead man.

Prosecutors says the 38-year-old Kearny resident pleaded guilty May 8 to second-degree money laundering and was ordered to pay more than $42,000 to the lender, Provident Funding Associates. She was also fined $150,000.

Nunes’ five co-defendants have been ordered to pay the balance of the $$254,425 owed to the lender.

Nunes and one of her co-defendants were sentenced Friday in Superior Court in Morris County.

 

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Best of NJ 101.5

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.