(Source: theislandnow.com) Daniel Melamed, a Great Neck resident and Brooklyn real estate developer, was indicted for the second time in two years last Tuesday for schemes involving alleged residential mortgage fraud and larcenies, the state attorney general’s office announced.
 
Melamed, 40, and six others allegedly defrauded banks and the U.S. Department of Housing and Urban Development through the use of shell corporations, forged letters and other schemes between 2011 and 2014...

“We have zero tolerance for mortgage fraud,” Attorney General Eric Schneiderman said in a statement. “The defendants not only allegedly stole money from the federal government and ultimately New York’s taxpayers, but also cheated the general public out of opportunities to bid on reasonably priced properties that were in foreclosure.”