A New York man has admitted to forging bank documents for a $1.3 million loan to buy a Central New York castle estate.
WKTV reports Jason Safford, 45, of Queens, pleaded guilty to bank fraud, attempted wire fraud and aggravated identity theft in connection with a mortgage refinance loan for Gelston Castle Estate in Mohawk. The U.S. Attorney’s Office said Safford illegally obtained the loan on behalf of his company, Safflyn Green Industries, which operates Gelston Estates.
According to the Times Telegram, a nearly two-year investigation by the FBI determined Safford used fake bank statements and deposit documents, as well as a false appraisal for the property, to get a $1.3 million from RS Lending in 2016. Safford also used forged documents in 2018 for a $2 million loan application on 980 Robinson Road, a property next to Gelston Estates; appraisal documents valued the Gelston property at $325,000 but he