Patrick Lee, 45, admitted in federal court on Wednesday that he and relatives defrauded lenders of $1.5 million in a mortgage-fraude scheme in 2005 and 2006, involving properties in Dorchester, South Boston and Randolph. The US Attorney’s office in Boston reports that Lee faces up to 30 years in prison at his Feb. 28 sentencing on charges of wire fraud and unlawful monetary transactions. Read the article……………….
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