Federal RICO Lawsuits Target Investors Over $24 Million Baltimore Mortgage Fraud Scheme

By Julie Gerstein · Realtor.com · 2026-10-20

According to reporting from Realtor.com, a pair of New York-based real estate investors allegedly orchestrated a massive flipping operation that pushed dozens of Baltimore row homes into foreclosure. Federal lawsuits filed by Ameritrust Mortgage and RCN Capital claim the group us