Kartesz Pleads Guilty

Former Bradford landlord Frank Kartesz has pleaded guilty to fraud and conspiracy charges in relation to a widespread mortgage-fraud scheme in the city of Erie. Kartesz is among five people charged by the federal government in relation to the mortgage fraud case, which the FBI, Internal Revenue Service and other agencies have been investigating since 2004. Kartesz and others bought run-down houses in Erie and sold them at artificially inflated prices. The buyers were mostly low-income people who knew little about how to buy a home. Kartesz's business partner Robert Dodsworth was sentenced earlier this month to six years in prison. He's expected to serve his time at F-C-I McKean.

Comments

Popular posts from this blog

Arrests in Operation Diamond Drop

Woman Charged with Posting
Nude Picture on Facebook

Two Arrested on Drug Charges