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Brooklyn, NY - 23 Indicted In Mortgage, Loan Scam Brooklyn, NY - Twenty-three individuals have been indicted on charges of participating in an illegal scheme to defraud various banks and financial institutions. The defendants include brokers and processors who worked at the mortgage brokerages AGA Capital NY, Inc. and Northside Capital NY, Inc. in Brooklyn, real estate appraisers and loan account executives. The defendants typically purchased target properties in multiple locations including all five boroughs of New York City, New Jersey and Sullivan County, New York, with one or more mortgages and/or home equity loans amounting to 100% of the purchase price of the property, thus ensuring that the defendants did not have any money at risk in the fraudulent transactions. The fraud also involved paying individuals who fit a certain financial profile to act as phony purchasers, or "straw buyers" of the target properties. “Safed, Israel - People traveling along the Akko-Safed Highway on Saturday complained of being stoned by youths.