Fraud money in the bank for N.Y. family
WHITE PLAINS, N.Y. — Twelve members of a single Brooklyn-based family were charged Thursday with lying about being wealthy to obtain mortgages or lying about being poor to get food stamps and other benefits.
Some did both, the indictment says.
“They alternately played the part of prince or pauper depending on which scam was being perpetrated,” U.S. Attorney Preet Bharara said in the White Plains courthouse. “Regardless of whether they were posing as rich men or poor men, they were always con men.”
He said one indicted couple claimed monthly income of $25,000 when taking out a mortgage and $180 when applying for food stamps and Medicaid.
The fraudulently obtained mortgages totaled more than $20 million and the welfare fraud yielded about $700,000 in benefits, the indictment says.
Yehuda Rubin, 29, was described in the indictment as “an organizer” of the scheme, but Bharara would not say he was the leader. Rubin’s father, Irving Rubin, 58, is the lead defendant.
Both men pleaded not guilty to charges of bank fraud and making false statements.