N.J. councilman convicted of orchestrating phony short sale of his home

N.J. councilman convicted of orchestrating phony short sale of his home

A federal jury has convicted a New Jersey township councilman and his co-conspirator in a short sale mortgage fraud scheme. Nathaniel Anderson, 59, a member of the Willingboro Township Council, and his associate, Chrisone D. Anderson, 58, of Sicklerville, were convicted of the federal crimes of bank fraud, conspiracy to commit wire fraud affecting a financial institution and two counts of making a false statement on a mortgage application, U.S. …