- Associated Press - Thursday, June 12, 2014

NEW YORK (AP) - Two Long Island men have been charged in an $800,000 mortgage fraud case.

An indictment unsealed Wednesday charged Keith Anthony and Anthony Podias with conspiracy to commit wire fraud.

According to Newsday (https://nwsdy.li/1kQvZOU ), they’re accused of bilking financially-strapped home buyers by promising private financing if they sent down payments or deposits in advance.

Anthony was president and owner of the now-shuttered CIG Realty. Prosecutors say he diverted $500,000 of clients’ money to his personal account and to another business he controlled.

They say Podias, a CIG employee, convinced clients to deposit upward of $15,000.

Prosecutors say the two men scammed more than 100 people nationwide from 2011 to 2013.

Podias was arrested Wednesday. His attorney couldn’t be reached for comment Wednesday.

Prosecutors say Anthony was being sought.


Information from: Newsday, https://www.newsday.com

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