New York
House Sale.com
    Get help from New York  Accident Attorneys

Weinstein, Chase, Messinger & Peters, P.C.

26 Court Street
Suite 2100
Brooklyn, NY 11242

Phone: (718) 858-3100

New York  Real Estate Resources

< Back to Previous Page

Long Island Woman Sentenced In House Sale Scam

Westchester County District Attorney Janet DiFiore announced that Catherine Martino (DOB12/07/64) of 1940 Deer Park Avenue, Deer Park, New York, was sentenced today to 21/2 to 5 years in state prison on two counts of Grand Larceny in the Third Degree.  Additionally, as a condition of her sentence, judgment orders were issued for the full amount of the thefts.  

Over a two month period from December 10, 2004 to February 3, 2005, the defendant defrauded three potential purchasers of a total of $52,250 by falsely representing herself to be the owner and seller of a property located at 339 South Fifth Avenue in Mount Vernon, New York.

On December 10, 2004, she received a down payment check in the amount of $11,750.00 from one prospective purchaser. On January 26, 2005, she received a down payment of $18,000 from another interested party for the sale of the same house. Martino defrauded a third unsuspecting victim on February 3, 2005, by taking a $22,500 check as a down payment.

District Attorney DiFiore said, “This defendant repeatedly misrepresented herself as the owner of a house defrauding a number of unsuspecting buyers. Although her greed will be rewarded with a term in state prison, her actions should alert prospective purchasers of property to the pitfalls of not carefully and methodically vetting the seller before handing over any money.”

Assistant District Attorney Gwendolyn Galef of the Economic Crimes Bureau prosecuted the case.

Contact New York house sale lawyers from the law firm of Weinstein, Chase, Messinger and Peters, P.C.

 

 

New York House Sale Lawyers News
 
Long Island Woman Sentenced In House Sale Scam...
ny.us
Over a two month period from December 10, 2004 to February 3, 2005, the defendant defrauded three po...
Read more >

Household to Refund Consumers Nationwide and Reform its Business Practices ...
ny.us
Spitzer was joined by attorneys general and banking regulators from 20 states to negotiate a settlem...
Read more >

More New York House Sale News >
 



  Real Estate Terms


FAIR MARKET VALUE
-The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.

PMI
-Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments of less than 20% of a purchase price.

Real Estate Investment Trust REIT
- Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or invest in (purchase) existing mortgages or mortgage backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.




Our New York House Sale Lawyers can help you with real estate contracts and with many of the topics below

New York House Sale TOPICS


DID YOU KNOW?

ALTERNATE DISPUTE RESOLUTION (ADR) can be a real estate legal option

This is A range of different forums and processes which may be used to resolve a dispute.

For example arbitration, collaborative problem-solving/consensus-building, negotiation, facilitation, mediation and conciliation.

Acceleration clause is a real estate contract option

A provision in a mortgage, trust deed, promissory note or contract for deed (agreement of sale) that, upon the occurrence of a specified event, gives the lender (payee, obligee or mortgagee) the right to call all sums due and payable in advance of the fixed payment date.

New York State Published Real Estate Guide

New York State Attorneys Office on Tenant Rights, This is a guide on NY Tenent's Rights published by NY State. Read More >

Additional free copies of "Tenants' Rights Guide" are available from the New York State Attorney General's Office, 120 Broadway, New York, NY 10271 or from any regional office of Attorney General Eliot Spitzer.

 


Brooklyn Real Estate lawyers handle legal cases related to real estate laws for the New York City and surrounding areas including:

  • Brooklyn
  • Manhattan
  • Queens
  • Bronx
  • Staten Island
  • NY Metro Areas
  • Long Island
  • New York

 


 

Home | FAQ's | News | Contact us | Sitemap | Link to us

Copyright © 2010 New York House Sale Lawyers
The law firm of Weinstein, Chase, Messinger and Peters, P.C. , All rights reserved

Web Design and Development by SWI Digital, Inc.