Scammers Who Used Homemade Money Orders To Pay Off Mortgage Sentenced To Prison
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Scammers Who Used Homemade Money Orders To Pay Off Mortgage Sentenced To Prison
January 10, 2020 9:19 AM
by
Navindra Persaud

Two New Jersey men are headed to federal prison, after using fake money orders and cashier's checks to help pay off a mortgage, credit card bills and purchase luxury vehicles.

"Germaine Howard King, 47, of Elizabeth was sentenced Tuesday in U.S. District Court in Newark to 70 months. Daniel D. Dxrams (currently known as 'Daniel Kusi'), 41, of Maplewood was sentenced to 57 months," according to the Union Daily Voice.

Both men mailed a fraudulent money order of $432,000 to a financial institution in order to fulfill a mortgage. Unfortunately, the institution accepted the payment and credited the mortgage as paid off.

"When the financial institution filed a suit seeking to reinstate the fraudulently discharged mortgage, King and Reynolds continued to allege in court that the mortgage had been paid and submitted a phony receipt for the bogus money order," according to the report.

King was also sentenced to five years of supervised release and restitution of $597,781 while, Dxrams received three years of supervised release and restitution of $93,236 with forfeiture of $82,000, in addition to their prison sentences.

To learn more about the case, click here.

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