NEW YORK CITY— Brooklyn real estate developer Daniel Melamed pleaded guilty to a 13-count indictment on Monday.
Melamed confessed to engaging in real estate schemes that defrauded banks and the US Department of Housing and Urban Development by creating shell corporations and forging documents to illegally purchase and sell multiple Brooklyn properties between 2011 and 2014. New York Attorney General Eric Schneiderman brought charges against Melamed in November 2016.
In a Brooklyn court, the defendant pleaded guilty to residential mortgage fraud; two counts of grand larceny; four counts of forgery; four counts of criminal possession of a forged instrument; and two counts of attempted grand larceny.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
