“Real Deal: Notorious NYC Landlord Pleads Guilty to Mortgage Fraud, Grand Larceny”
November 28, 2017
As published by The Real Deal, on November 27, 2017.
The convictions keep coming for Daniel Melamed.
The notorious New York landlord who was previously convicted of illegally evicting tenants pleaded guilty on Monday to charges including mortgage fraud, grand larceny and forgery as part of a scheme to falsify loan documents and collect money from the U.S. Department of Housing and Urban Development, according to the New York Post.
Melamed also admitted to illegally buying a $250,000 property with a shell company in 2013. He sold it one year later for $1.25 million.
In June, Melamed was found guilty of shutting off the heat and performing illegal construction to try driving out tenants in his 14-unit Crown Heights multifamily building at 1578 Union Street, according to the New York Attorney General’s office.
Attorney General Eric Schneiderman said in a statement that Melamed “stole money from taxpayers and cheated the public in order to boost his bottom line.”