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2 charged with looting millions in mortgage scams

Two Brooklyn men were arrested Thursday on federal charges that they used their defunct mortgage company to pull a series of ripoffs, including $44 million involving over 250 home loans funded by Fannie Mae, the federally sponsored pool of home mortgages, officials said.

Charged with conspiracy, wire and mail fraud in a four-count indictment unsealed in Brooklyn federal court were Leib Pinter,64,...

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