Brooklyn Con Man Faces Up To 18 Years In Prison For Stealing Homes, Impersonating Attorneys And Forging Deeds

After stealing three Brooklyn properties with forged deeds and impersonating an attorney to sell the stolen properties, a Brooklyn man could spend up to 18 years behind bars.

Carl Smith was found guilty on two counts of second-degree grand larceny, two counts of third-degree grand larceny, two counts of first-degree offering a false instrument for filing, one count of second-degree criminal possession of a forged instrument and unlawful practice of law, HousingWire reports.

His favorite tactic was to file backdated deeds with forged signatures to steal the rights to a property, despite someone usually residing in the property at the time. He would then sell the stolen property to legitimate investors, providing them with a fraudulent contact of sale and deed. [HousingWire]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI