Brothers plead guilty to mortgage fraud
Court Alerts
[##_1L|1054133133.jpg|width="120" height="88" alt=""|_##]Two brothers whose convictions for running a mortgage scheme in suburban Rochester were recently overturned pleaded guilty Wednesday to mortgage fraud to avoid a new trial. Robert Amico, 45, and his 36-year-old brother, Richard Amico, were convicted in 2003 of defrauding mortgage lenders out of $58.5 million for homes built in Monroe, Ontario and Wayne counties from 1994 to 2000. Prosecutors called it the largest case of mortgage fraud ever prosecuted in western New York.
A federal appeals court in May overturned the Amicos' convictions, ruling that the judge who presided over their trial should have recused himself when a prosecution witness claimed he had once helped the judge fraudulently obtain a mortgage.
In exchange for their guilty pleas, the Amicos will avoid a new trial and receive lighter sentences than the ones they received after they were convicted.
Robert Amico, who originally was ordered to prison for 17 1/2 years, will be sentenced to at least 10 years under the plea agreement. He has served more than four years already.
Richard Amico, who received an original prison term of nine years, will get a maximum of five years. He has already served more than three years.
The brothers will receive credit for the time they've already served and remain free until they are sentenced in January.
Related listings
-
Friedman appeals to reverse sex abuse guilty plea
Court Alerts 10/04/2007[##_1L|1205486439.jpg|width="130" height="90" alt=""|_##]Jesse Friedman's last chance to clear his name of child molestation charges now rests in the hands of a federal judge who heard evidence on his case at a hearing yesterday. Friedman, 38, is try...
-
Vick not expected to attend court hearing
Court Alerts 10/03/2007[##_1L|1193276699.jpg|width="130" height="90" alt=""|_##]Michael Vick’s lawyers will make their first Surry County, Va. court appearance Wednesday for state dogfighting charges against the suspended Atlanta Falcons quarterback. Vick, already schedule...
-
Wyatt pleads guilty in Iraq oil case
Court Alerts 10/02/2007[##_1L|1251156130.jpg|width="120" height="143" alt=""|_##]Texas oil billionaire Oscar Wyatt, who in the mid-1990s was involved in a land dispute with a group of agencies in Utah, faces up to two years in prison after pleading guilty to paying an ille...
New Rochelle, New York Personal Injury Lawyers
If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.