Owner of Hartwell apartment complex pleads guilty to obtaining $165 million in mortgage fraud conspiracy

Owner of Hartwell apartment complex pleads guilty to obtaining $165 million in mortgage fraud conspiracy

The owner of an apartment complex in Hartwell has pleaded guilty to federal mortgage fraud. Boruch "Barry" Drillman, the owner of the Williamsburg Apartments, pleaded guilty to "engaging in a conspiracy to fraudulently obtain more than $165 million in loans and fraudulently acquire real estate properties," according to the U.S. Department of Justice (DOJ). He pleaded to one count of conspiracy to commit wire fraud affecting a financial instituti…

Feds: Williamsburg Apartments owner pleads guilty to $165M mortgage fraud conspiracy

The owner of an apartment complex in Cincinnati pleaded guilty Thursday to engaging in a conspiracy to fraudulently obtain more than $165 million in loans and fraudulently acquire real estate properties, the city announced Friday.