Tag: FHFA-OIG

  • Jacob Rappaport, Bank Fraud, Maryland 2020

    Jacob Rappaport, Bank Fraud, Maryland 2020

    ⏱ 2 min read Jacob Rappaport, a 41-year-old attorney from Towson, Maryland, orchestrated a real estate bank fraud scheme that involved fake contracts and hidden side agreements. The scheme, which took place in Baltimore, involved Rappaport’s client, Alexander Schultz, and his company, Limitless Management. In January 2020, Schultz’s company, Coventry Realty, LLC, purchased a Baltimore…