(Source: Federal Bureau of Investigation - Newark Field Office) CAMDEN, N.J. - A Hudson County, New Jersey, man was sentenced today to 60 months in prison for his role in a $13 million mortgage fraud scam that used phony documents and 'straw buyers' to make illegal profits on overbuilt condos in Wildwood and Wildwood Crest, New Jersey, U.S. Attorney Paul J. Fishman announced. John Leadbeater, 59, of Kearny, New Jersey, previously pleaded guilty before U.S. District Judge Jerome B. Simandle to a superseding indictment charging him...
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