Sammamish resident Mustafa “Marc” Khosraw could face up to 30 years in jail for participation in what the U.S. Attorney’s Office calls a mortgage fraud scheme – one that has gained national attention.
Khosraw, 46, is one of 406 people indicted in Operation “Malicious Mortgage,” a federal investigation that uncovered 144 mortgage fraud cases between March 1 and June 18. The U.S. Attorney’s Office alleges that Khosraw, a mortgage broker, drafted false mortgage documents as part of a six-person team in the Puget Sound area that made $8.5 million in profits in 2004 and 2005.
Published in the Sammamish Review. Read the current story.