Shocking Case of Mortgage Fraud Rocks Connecticut Community
A Newington woman has been sentenced to 30 months in prison for her role in an extensive mortgage fraud conspiracy. Malgorzata Karas-Golka, 46, was ordered to pay $166,500 in restitution after pleading guilty to one count of bank fraud.
According to court documents, Karas-Golka was part of a massive scheme that involved the use of straw borrowers, false mortgage applications, and fraudulent down payments. The conspiracy, which took place from June 2005 to July 2010, involved the purchase of nearly 50 houses in Hartford, New Haven, and Middlesex counties.
Karas-Golka directly participated in nine fraudulent real estate transactions over a two-year period. She falsely acted as a borrower, seller, landlord, and employer in the scheme.
The scheme resulted in lenders losing a total of approximately $5.6 million. Many of the properties involved ended up in foreclosure.
Karas-Golka’s co-conspirators, Filippos Milios and others, have also been implicated in the scheme. Milios purchased properties in his own name or through a limited liability corporation. Unbeknownst to lenders, Karas-Golka submitted fraudulent documents in connection with loan applications.
The U.S. Attorney’s Office for the District of Connecticut, led by Deirdre M. Daly, announced the sentencing. The case was investigated by the U.S. Department of Housing and Urban Development – Office of Inspector General, the Internal Revenue Service – Criminal Investigation Division, the Federal Bureau of Investigation, and the United States Postal Inspection Service.
The case serves as a reminder of the devastating impact of mortgage fraud on individuals and communities. The Grimy Times will continue to follow this story and provide updates as more information becomes available.
Related Federal Cases
- Thao Thi Kim Nguyen, Mortgage Fraud, Orange County CA, 2018 · Connecticut
- Victor Cuevas, Mortgage Fraud Scheme, New Haven CT, 2023 · Florida
- Mark Roy Anderson, Hemp Farm Wire Fraud, Beverly Hills CA, 2023 · California
- Jan R. Kowalski, Bankruptcy Fraud, Chicago IL, 2023 · Illinois
- Lawyers, Ex-Official Charged with Housing Scheme Fraud, Hawaii HI, … · Connecticut
Key Facts
- State: Connecticut
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release ↗
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