Service & Results.

nyc criminal lawyers over 30 years of experienceWe Know How To Win Cases

Spodek Law Group handles tough cases
nationwide, that demand excellence.

Get Free Consultation

Faced 5+ Years in Prison

People Vs Joseph Amico

Covered by NYDaily News. Las Vegas man accused of threatening a prominent attorney and making vile remarks.

Faced 10+ Years in Prison

People Vs. Anna Sorokin

Covered by New York Times, and other outlets. Fake heiress accused of conning the city’s wealthy, and has an HBO special being made about her.

Faced 3+ Years in Prison

People Vs. Genevieve Sabourin

Accused of stalking Alec Baldwin. The case garnered nationwide attention, with USAToday, NYPost, and other media outlets following it closely.

Faced Potential Charges

Ghislaine Maxwell Juror

Juror who prompted calls for new Ghislaine Maxwell trial turns to lawyer who defended Anna Sorokin.

Why Choose Us

Clients can use our portal to track the status of their case, stay in touch with us, upload documents, and more.

Regardless of the type of situation you're facing, our attorneys are here to help you get quality representation.

We can setup consultations in person, over Zoom, or over the phone to help you. Bottom line, we're here to help you win your case.

Law in the Media

View All

Meet Todd Spodek


The Spodek Law Group understands how delicate high-profile cases can be, and has a strong track record of getting positive outcomes. Our lawyers service a clientele that is nationwide. With offices in both LA and NYC, and cases all across the country - Spodek Law Group is a top tier law firm.

Todd Spodek is a second generation attorney with immense experience. He has many years of experience handling 100’s of tough and hard to win trials. He’s been featured on major news outlets, such as New York Post, Newsweek, Fox 5 New York, South China Morning Post, Insider.com, and many others.

In 2022, Netflix released a series about one of Todd’s clients: Anna Delvey/Anna Sorokin.

Why Clients Choose Spodek Law Group

The reason is simple: clients want white glove service, and lawyers who can win. Every single client who works with the Spodek Law Group is aware that the attorney they hire could drastically change the outcome of their case. Hiring the Spodek Law Group means you’re taking your future seriously. Our lawyers handle cases nationwide, ranging from NYC to LA. Our philosophy is fair and simple: our nyc criminal lawyers only take on clients who we know will benefit from our services.

We’re selective about the clients we work with, and only take on cases we know align with our experience – and where we can make a difference. This is different from other law firms who are not invested in your success nor care about your outcome.

If you have a legal issue, call us for a consultation.
We are available 24/7, to help you with any – and all, challenges you face.

Mortgage Broker Fraud Lawyers

By Spodek Law Group | November 13, 2016
(Last Updated On: May 27, 2023)

Mortgage brokers play an integral role in helping home buyers find loans that meet their needs and budget. However, there are many ways in which mortgage brokers may engage in fraud or otherwise take action that help buyers get approved for loans for which they cannot afford or legitimately qualify for. What is mortgage broker fraud, and what are the penalties for being convicted of such a crime?
What Is a Mortgage Broker?
To understand mortgage broker fraud, it is imperative to understand what a mortgage broker is. A mortgage broker is someone who has access to a variety of loan types and lending options from several local and national lenders. They are not limited to products offered by any specific lender, which gives them the ability to shop around and find custom terms that best meet a buyer’s needs.
How Do Mortgage Brokers Commit Fraud?
A mortgage broker will generally help an individual or a couple applying jointly for a loan fill out the necessary paperwork to apply for the loan. This includes asking about income and other assets that may be used to qualify for the mortgage. In some cases, a broker may tell an individual to put down false or misleading information such as claiming that they make more than they really do. Sometimes, a broker will take an application that has been completed truthfully by an applicant and doctor it without that person’s knowledge.
Why Would a Mortgage Broker Commit Fraud?
Mortgage brokers generally get a commission or other forms of payment each time that they close on a loan. The larger the loan, the more that an individual may be entitled to. Therefore, there may be incentive to qualify a buyer for a $500,000 home loan even if that person should only qualify for a $100,000 home or no loan at all. It is possible that mortgage brokers and real estate agents work together to commit the fraud or even recruit buyers themselves to participate in a scheme to defraud lenders.
What Are the Penalties for Committing Mortgage Fraud?
It is possible to spend many years in state or federal prison for committing this crime. Where someone convicted of this crime does his or her time depends on the type of fraud committed. If it is limited to one state or involves fraud related to state mortgage loans, that person will typically be sentenced to a state prison. However, if the fraud involved federal government loan programs or involved crimes committed in multiple states, an individual could spend time in federal prison. In some cases, an individual may face both state and federal charges.
Are There Defenses to Mortgage Broker Fraud Charges?
Yes, there are ways to defend against this charge. For instance, it may be possible to establish that the broker wasn’t the one doctoring documents or otherwise taking action to engage in a fraudulent activity. It may be that a real estate agent or someone else connected to the sale was the one who did something illegal.
It may also be possible to establish that a broker was coerced through threat of force or some other form of duress to go through with the fraud. If successful, either defense could result in a case being dropped or a favorable plea deal for the defendant. Assuming that a charge is dropped, it may make it easier for it to eventually be expunged or sealed from public view.
Do I Need an NYC Mortgage Fraud Lawyer?
If you have been charged with mortgage fraud, you should hire an attorney as soon as possible. He or she may help you make sense of why you were charged and help you create a defense to that charge. It may also make it easier to go through relevant documents or other evidence being used against you. Once you have an attorney, you are no longer compelled to speak to authorities without that person present.
Being charged with mortgage fraud does not mean that you have committed the crime. In fact, you could have the charge dropped or dismissed before going to trial. However, it is up to you to either find a lawyer or otherwise take steps to ensure that you are treated fairly throughout the legal process.

Mortgage broker fraud involves any deceitful or misleading actions taken by a mortgage broker to help a borrower get approved for a loan they cannot afford or legitimately qualify for. This can include falsifying information on loan applications or doctoring documents without the borrower’s knowledge. Reasons for this can be that mortgage brokers receive commissions or other forms of payment for each loan they close, incentivizing them to qualify borrowers for larger loans. Penalties for mortgage broker fraud include imprisonment in state or federal prisons, depending on the type of fraud committed. Defenses against mortgage fraud charges include proving that the broker was not the one responsible for the fraudulent actions or that they were coerced into participating. It is recommended to hire an attorney if charged with mortgage fraud to create a defense and navigate the legal process.

Free Consultation


I was searching for a law firm with some power to help me deal with a warrant in New York . After 6 days I decided to go with Spodek Law Group. It helped that This law firm is well respected by not only the top law firms in New York , but the DA , Judge as well. I...

~Fonder Brandon

5 Stars
It was my good fortune to retain Spodek Law Group for representation for my legal needs. From the beginning, communication was prompt and thorough. Todd, Kenneth and Alex were the first people I worked with and they all made me feel comfortable and confident that the team was going to work hard for me. Everything was explained and any concerns...

~A G

5 Stars
After meeting with several law firms, I chose the Spodek Law Group not only for their professionalism and experience, but for the personal attention given to me right from the initial consultation. It is important to recognize how crucial having the right legal team is when faced with potentially life altering events that impact families and the lives of loved...

~George Cherubini

Spodek Law Group

White Glove Service

We Provide Superior Service, Excellent Results, At A Level Superior To Other Criminal Defense Law Firms. Regardless Of Where Your Case Is, Nationwide, We Can Help You.
View More

Request Free Consultation

Please fill out the form below to receive a free consultation, we will respond to
your inquiry within 24-hours guaranteed.


85 Broad St 30th Floor, New York, NY 10004


get directions

Los Angeles

611 S Catalina St Suite 222, Los Angeles, CA 90005


get directions


35-37 36th St, 2nd Floor Astoria, NY 11106


get directions


195 Montague St., 14th Floor, Brooklyn, NY 11201


get directions
Call Now!