BROOKLYN, NY — A Brooklyn developer who federal prosecutors say took condo buyers and banks for more than $18 million in an elaborate mortgage scam was indicted Wednesday on bank fraud charges.
The case against Eliyahu Ezagui, 48, who feds say preyed on his fellow Hasidic Jews in Crown Heights, stems from a Daily News investigation last year. Ezagui enticed scores of families into buying the homes but never turned over the deeds, according to the indictment and The News' probe.
Developer Eli Ezagui Indicted in $18M Mortgage Fraud
BROOKLYN, NY — A Brooklyn developer who federal prosecutors say took condo buyers and banks for more than $18 million in an elaborate mortgage scam was indicted Wednesday on bank fraud charges.
The case against Eliyahu Ezagui, 48, who feds say preyed on his fellow Hasidic Jews in Crown Heights, stems from a Daily News investigation last year. Ezagui enticed scores of families into buying the homes but never turned over the deeds, according to the indictment and The News’ probe.