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Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

by Phil Hall | Jan 21, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme

Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme

by Phil Hall | Jan 9, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two New York men were sentenced by U.S. District Judge Omar A. Williams in Hartford, Connecticut, for perpetrating a $50 million mortgage fraud scheme. According to the charges brought against them, Jacob Deutsch and Aron Deutsch worked at B H Property Management LLC...

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