Man Charged With Swindling Doctor in Mortgage Scam

Allison Tussey —  February 1, 2011 — 1 Comment

Christopher Gagg, 34, East Patchogue, New York, was arrested and arraigned for bilking a physician out of thousands of dollars in a home mortgage scam.  Gagg is charged with one count of Grand Larceny in the Third Degree, a class “D” Felony.

Investigation revealed that the victim was approached by Gagg with an offer to refinance his home through the defendant. After agreeing to refinance, the doctor wired over $8,000 to the defendant between April and July, 2008, for what the doctor believed were fees associated with the mortgage transaction. Gagg was neither licensed to broker mortgages, nor was he working with or for a mortgage broker. No mortgage application was made, and the defendant simply kept the victim’s money. The defendant is accused of stealing the money under false pretenses.

Gagg was arrested and arraigned in the Clarkstown Justice Court before the Honorable Judge Craig Johns. The defendant was released on $1,300 bail.

Rockland County District Attorney Thomas P. Zugibe announced the arrest. The Rockland County Special Investigations Unit conducted the extensive investigation into this matter.

Be Sociable, Share!

Allison Tussey

Posts Google+

One response to Man Charged With Swindling Doctor in Mortgage Scam

  1. THAT IS NOT AS BAD AS BUYING 113 T/Hs FROM THE BRADY BANK IN BRADY TEXAS FOR ABOUT $7000. EACH AND NOW SELLING TO THE UNSUSPECTING FOR $65,000 EACH ON A CONTRACT FOR DEED SALE.THESE PEOPLE WILL NEVER REALY OWN THEIR HOME.HARRIS COUNTY HAS BEEN INFORMED ABOUT THIS BUT DOES NOTHING.TEXAS CORPORATION LAW REQUIRES AN AUDIT BE MADE EACH YEAR BUT NO AUDIT HAS BEEN DONE FOR OVER 6 YEARS.FOR 504 T/Hs THIS AMMOUNTS TO OVER 6 MILLION $.THESE PEOPLE FROM ORANGE COUNTY CA. HAVE NO LICENCE IN TEXAS OR CA.THE STATE OF CA. KNOWS NOTHING OF THESE PEOPLE BECAUSE THE DBA (LADDENT GROUP) 9-15-05 TO 9-15-10 HAS EXPIRED.CAL. HAS A MONEY PROBLEM AND MAYBE THEY SHOULD LOOK AT THEIR PEOPLE INVESTING IN OUT OF STATE DEALS. G.UBER USN RETIRED

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

*