Donald Trump commuted the federal prison sentence of a Brooklyn real estate developer convicted in a sweeping mortgage fraud scheme that fueled a $50 million buying spree across Hartford’s multifamily market. Jacob Deutsch, who was sentenced to five years behind bars, saw his prison term, fine and related penalties wiped away by a grant of executive clemency signed last week, the Hartford Courant reported. Trump offered no explanation for the decision. The case centered on a yearslong effort by Deutsch and his cousin, Aron Deutsch, to amass dozens of apartment buildings using falsified financial records. Federal prosecutors said the cousins […]
This article originally appeared on The Real Deal. Click here to read the full story.