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Portola Valley: Feds charge resident with bank fraud

Original post made on Oct 3, 2016

Federal authorities have charged Portola Valley resident Mark Migdal and a co-defendant from Hillsborough with bank fraud and conspiracy in connection with the sale of two rental properties in Hawaii, according to federal prosecutors.

Read the full story here Web Link posted Monday, October 3, 2016, 11:37 AM

Comments (3)

Posted by why
a resident of Atherton: other
on Oct 3, 2016 at 1:07 pm

What is the point of this crime? Is this some kind of tax scam or were they trying to steal the properties outright? Maybe I'm just not rich enough to understand these kinds of people.


Posted by SteveC
a resident of Menlo Park: Downtown
on Oct 3, 2016 at 2:02 pm

SteveC is a registered user.

You can't see properties to a dead person or sell property to a hidden buyer. Not very smart.


Posted by Interested onlooker
a resident of Portola Valley: Central Portola Valley
on Oct 3, 2016 at 4:39 pm

Interested onlooker is a registered user.

He allegedly tried to have his cake and eat it too.

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