Two New Jersey men admitted that they scammed a mortgage lender to obtain a $4.5 million loan by faking the sale of a property with forged and phony documents. .

In addition, one of the men also admitted he lied to obtain a $1.8 million loan by lying on government loan applications during the COVID-19 pandemic.

Mendel Deutsch, 39, of Toms River, pleaded guilty to one count of bank and wire fraud conspiracy as well as wire fraud, the U.S. Attorney’s Office for New Jersey said.

Joshua Feldberger, 43, of Howell pleaded guilty to bank fraud conspiracy.

In an elaborate scheme, Arthur Spitzer worked with Deutsch and Feldberger to make it appear as if Spitzer owned three properties in Brooklyn, New York.

Deutsch applied and received a $4.5 million mortgage loan for the phony purchase.

Fel

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