Florida Title Agent and Co-Conspirator Plead Guilty in $10 Million Mortgage Fraud Scheme

MIAMI – A title agent and a co-conspirator pled guilty today to federal charges related to their participation in a $10 million mortgage fraud scheme.

Defendants Michelle Cabrera, 48, of Miami Lakes, and Pedro Melian, 39, of Hialeah, pled guilty to one count of conspiracy to commit wire fraud affecting a financial institution, in violation of Title 18, United States Code, Section 1349 (Case No. 16-60349-CR-DIMITROULEAS). At sentencing, each defendant faces up to thirty years? imprisonment.

Defendants Marco Laureti, 45, of Sunny Isles Beach, and Felix Mostelac, 44, of Miami Beach, were charged by Indictment with one count of conspiracy to commit wire fraud affecting a financial institution, in violation of Title 18, United States Code, Section 1349 and multiple counts of wire fraud affecting a financial institution, in violation of Title 18, United States Code, Section 1343 (Case No. 16-60340-CR-ZLOCH), for conduct allegedly related to the fraud scheme, and are awaiting trial

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *