The North Plainfield man allegedly used part of the money to buy property in New Jersey, court documents said.
Butherde Darius, 50, of North Plainfield, pleaded guilty in Trenton federal court to one count of conspiracy to commit bank fraud and one count of money laundering, according to U.S. Attorney Philip R. Sellinger.
According to charging documents, Darius conspired with an unnamed suspect to submit a fraudulent loan application to lenders to obtain money through the federalIf you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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