Two Connecticut men arrested for multifamily mortgage scam

 Two Connecticut men arrested for multifamily mortgage scam

Two Connecticut men were arrested last week for their alleged role in a multifamily mortgage fraud scheme.

Jacob Deutsch, 56, of Brooklyn, NY, and Aron Deutsch, 60, of Monsey, NY. have been accused of federal conspiracy, fraud, and false statement offenses.

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.

The defendants work at B H Property Management…

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