Laws of New York (Last Updated: November 21, 2014) |
PEN Penal |
Part THREE. SPECIFIC OFFENSES |
Title K. OFFENSES INVOLVING FRAUD |
Article 187. RESIDENTIAL MORTGAGE FRAUD |
Section 187.25. Residential mortgage fraud in the first degree
Latest version.
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A person is guilty of residential mortgage fraud in the first degree when he or she commits residential mortgage fraud and thereby receives proceeds or any other funds in the aggregate in excess of one million dollars. Residential mortgage fraud in the first degree is a class B felony.