Cohn.[/caption] A federal judge Wednesday sentenced Sunny isles beach mortgage broker, lender and real estate agent Marco Laureti to 15 years in prison for leading a $20 million real estate fraud. U.S.

. mortgage broker charged with a federal count of conspiracy, described himself as a victim of what the FBI said was as a mortgage scheme to defraud lenders out of millions of dollars. Mencis, in a.

Prosecutors say Laureti used the profits from the scam to purchase a $6.9 million estate in Miami Beach. They charged him via a superseding indictment filed under seal on Dec. 16, 2016. Laureti was a.

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After the housing market crash of 2008, mortgage brokers’ market share dropped to less than 10 percent. Today, their market share is back up to 17 percent – the highest it’s been in almost a decade. A.

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