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Boruch “Barry” Drillman, 36, of New York, And Four Others Pleads Guilty to $165M Mortgage Fraud Conspiracy

Troy Technology Park was acquired for $42.7 million. Nevertheless, Drillman and his co-conspirators presented the lender with a deceptive purchase and sale contract worth $70 million. Furthermore, in order to substantiate the inflated purchase price, Drillman and his co-conspirators submitted a fraudulent letter of intent to purchase the property from another party for $68.8 million,