Search
 

Brooklyn Real Estate Developer Defrauded HUD and Banks

Daniel Melamed pleads guilty to a 13-count indictment.

By Betsy Kim | Updated on November 28, 2017

Daniel Melamed Brooklyn real estate developer Daniel Melamed will be sentenced for fraud and illegal evictions on January 25.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.