Las Vegas Man Pleads in Mortgage Lending Fraud - 8 News NOW

Las Vegas Man Pleads in Mortgage Lending Fraud

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LAS VEGAS -- A Las Vegas man pled no contest this week to ten felonies in connection with a mortgage lending scam.

According to the Attorney General's office, 62-year-old Gary Dimattia promised clients of his company, Financial Link Services, that a group of investors would purchase their mortgages and refinance them to reflect current market value, reducing monthly payments.

He typically charged between $3,495 to $3,895 for the services, which he never delivered, prosecutors said.

Dimattia faces up to 110 years in prison when he is sentenced in September.

He is also facing separate charges, including burglary and perjury.

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