var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { googletag.pubads().disableInitialLoad(); });
device = device.default;
//this function refreshes [adhesion] ad slot every 60 second and makes prebid bid on it every 60 seconds // Set timer to refresh slot every 60 seconds function setIntervalMobile() { if (!device.mobile()) return if (adhesion) setInterval(function(){ googletag.pubads().refresh([adhesion]); }, 60000); } if(device.desktop()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [728, 90], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.tablet()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } else if(device.mobile()) { googletag.cmd.push(function() { leaderboard_top = googletag.defineSlot('/22018898626/LC_Article_detail_page', [320, 50], 'div-gpt-ad-1591620860846-0').setTargeting('pos', ['1']).setTargeting('div_id', ['leaderboard_top']).addService(googletag.pubads()); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); } googletag.cmd.push(function() { // Enable lazy loading with... googletag.pubads().enableLazyLoad({ // Fetch slots within 5 viewports. // fetchMarginPercent: 500, fetchMarginPercent: 100, // Render slots within 2 viewports. // renderMarginPercent: 200, renderMarginPercent: 100, // Double the above values on mobile, where viewports are smaller // and users tend to scroll faster. mobileScaling: 2.0 }); });
Post Jobs Upload Your Resume Log in

Former Boston Attorney Sentenced for Mortgage Fraud

  1. Legal Jobs
  2. Legal Articles
  3. Former Boston Attorney Sentenced for Mortgage Fraud
Most law firms avoid posting jobs on Indeed or LinkedIn due to high costs. Instead, they publish them on their own websites, bar association pages, and niche legal boards. LawCrossing finds these hidden jobs, giving you access to exclusive opportunities. Sign up now!

published April 11, 2014

By Author - LawCrossing

Charles R. Sammon, formerly an attorney practicing in Boston, was sentenced to 33 month in prison, 36 months of supervised release, and ordered to pay $9,77,042 in restitution to those defrauded. Sammon had pleaded guilty in November before U.S. District Judge Richard G. Stearns to 13 counts of wire fraud, mail fraud and money laundering in connection with a mortgage fraud scheme that occurred in 2006 and 2007.

According to a U.S. Department of Justice press release, Sammon had participated in at least 13 fraudulent real estate transactions involving triple-decker apartment buildings in various sections of Boston, including Dorchester, Roxbury and Jamaica Plain. For eight of those transactions, Sammon represented the mortgage lender and assisted in closing the deal as a real estate attorney. In the other five cases, Sammon put himself forward his own self as the seller of the property.


The scheme involved hiring people to purchase properties with a commission up to $40,000 per transaction - something that was not ever disclosed to the lenders. Many of the parties to the deals including buyers were promised that the seller would pay for the mortgage for upwards of a year. Another principal point of the scheme was that each borrower represented that he/she intended to occupy the property as primary residence, when that was not the case, as Sammon knew.

Many of the payments made to the buyers were traced to Sammon's law firm bank account in transactions where he was the closing attorney. However, Sammon did not disclose the payments to the mortgage lenders he represented. Sammon also did not disclose to the lenders that he had received portions of the loan proceedings, in addition to his legal fees. In one such transaction he received more than $50,000.
United States

Though the sentencing was earlier scheduled for February, the date had been postponed and he was ultimately sentenced this week.

If you are looking for real estate attorney jobs, click here for fresh opportunities.
Gain an advantage in your legal job search. LawCrossing uncovers hidden positions that firms post on their own websites and industry-specific job boards—jobs that never appear on Indeed or LinkedIn. Don't miss out. Sign up now!

( 32 votes, average: 3.9 out of 5)

What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.

Related

Only LawCrossing consolidates every job it can find in the legal industry and puts all of the job listings it locates in one place.

Popular Questions

Do you want a better legal career?

Hi, I'm Harrison Barnes. I'm serious about improving Lawyers' legal careers. My only question is, will it be yours?