College Park loan broker gets prison in fraud scheme

Published



A College Park loan broker was sentenced to five years and five months in prison for his role in a mortgage fraud scheme prosecutors said defrauded a Beltsville lending company out of more than $600,000.

Federal prosecutors said 29-year-old Dema Daiga recruited fake purchasers to apply for mortgages on Baltimore properties and helped those people submit false employment histories, earnings and assets in applying for mortgage loans in 2008.

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