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LI developer charged with mortgage fraud scheme
A wealthy Glen Head developer who is already serving an 8-year sentence for his role in a 2007 congressional corruption scandal was charged Thursday in federal court in Brooklyn with masterminding a $90-million mortgage scam. Thomas Kontogiannis, 60, who is in federal prison for laundering bribes paid to former Rep. Randy "Duke" Cunningham (R-Calif.), was accused of using straw buyers, staged sales...
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