NEW YORK (CBSNewYork) – Several arrests have been made in connection with multiple real estate scams.

Brooklyn District Attorney Joe Hynes announced Wednesday several senior citizens were conned into giving personal information so thieves could walk away with thousands of dollars.

WCBS 880’s Marla Diamond On The Story

One of the victims, 81-year-old Ernest Leak, an Air Force veteran and former New York City firefighter, said he responded to an ad with an attractive rate for a reverse mortgage and met with a persistent man identified as 36-yeard-old Sal Loria.

“He told me to give him my Social Security card and my driver’s license,” Leak said. “He wound up taking the paperwork that I gave him, and obtained the mortgage for my house for his own self, and he collected $351,000. I am angry.”

More than a dozen people have now been arrested in seven different real estate fraud cases.

1010 WINS’ Juliet Papa reports

Loria is being prosecuted for grand larceny as a hate crime for allegedly targeting someone based on their age.

Another defendant is charged with stealing two vacant properties from the estates of their deceased owners.

Comments (5)
  1. Sam says:

    Real Estate scams or any other kinds, I think everybody should check Scam Detector, an app that Apple released recently. They have hundreds and hundreds of scams exposed, in several industries. For those interested, the app has an online presence as well:

  2. Yorkville victim says:

    You have no idea of the extent of damage fraudclosures and pillaging of personal property that continues in NY.
    Just follow their money trail, the robo signings, pierce their bogus corporate veil.
    Where is meaningful oversight?
    These real estate Madeoff-like crooks are still benefitting from unjust windfalls. Lawless brokers and their deceptive lawyers in addition to certain judges who turn a blind eye to all the fraudulent conversions and looting.
    Manhattan DA Vance – AG Schneidermann please drain the swamp and stop the rewarding of ill-gotten gains$ by corruption and collusion because people’s lives are being destroyed!

  3. quid says:

    Put that gindaloon in jail.

    1. yorkville victim says:

      nati or gliick?

  4. Jay says:

    Seize these thieves assets and put them in jail

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