Today the Attorney General’s Office announced that Nuhu Mohammed, age 65, of Foxborough, pled guilty in the Norfolk Superior Court to 20 charges related to a large-scale mortgage fraud scheme.
Mohammed’s alleged fraud resulted in over $150,000 in losses to 10 individuals and families.
According to the AG’s office,
between October 2012 and July 2019, Mohammed represented himself as a financial professional capable of repairing credit, securing mortgage loans, and refinancing existing loans. The individuals who retained Mohammed’s services were primarily non-English speaking immigrant families, often of limited means and in times of desperation, seeking solutions to their mortgage-related problems. As part of his scheme, Mohammed accepted large sums of money and deposited the funds into accounts he controlled. Despite taking repeated payments, he made little to no effort to provide the promised services and ultimately stole approximately $152,000 from his victims.
A superior court judge sentenced Mohammed to 18 months in jail followed by three years of probation.