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N.J. U.S. Attorney: Member of Bank Fraud Conspiracy Admits Role in Multimillion-Dollar Loan Scheme
September 24, 2019
NEWARK, New Jersey, Sept. 24 -- The U.S. Attorney for the District of New Jersey, Craig Carpenito, issued the following news release:

A New York man today admitted participating in a scheme that involved the creation of false documentation to secure over $4 million in bank loans, U.S. Attorney Craig Carpenito announced.

Raymundo Torres, 35, of New York City, pleaded guilty before U.S. District Judge Kevin McNulty to an information charging him with one count of conspira . . .

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