Mendel Deutsch of Toms River, New Jersey, has pleaded guilty to one count of bank and wire fraud conspiracy and one count of wire fraud for his role in a brazen commercial mortgage fraud scheme in Brooklyn. Deutsch pleaded guilty in November, just a few weeks after one of the co-conspirators, Joshua Feldberger of the title insurer Universal Abstract, pleaded guilty to one count of bank fraud conspiracy. The Department of Justice accused Deutsch and Feldberger of assisting in a scheme with Arthur Spitzer to buy and sell properties and obtain mortgages on properties they did not own. Prosecutors alleged […]

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