Three Real Estate Investors Plead Guilty To Mortgage Fraud Conspiracy
By KIMBERLEY HAAS Three real estate investors each face a maximum penalty of five years in prison after pleading guilty to obtaining multi-million dollar loans to fraudulently acquire properties. Fredrick Schulman, 72, of New York, and Chaim “Eli” Puretz, 29, of New Jersey, pleaded guilty on Thursday to one count of conspiracy to commit wire…