A person is guilty of residential mortgage fraud in the first degree
when he or she commits residential mortgage fraud and thereby receives
proceeds or any other funds in the aggregate in excess of one million
dollars.
Residential mortgage fraud in the first degree is a class B felony.
Structure New York Laws
Title K - Offenses Involving Fraud
Article 187 - Residential Mortgage Fraud
187.01 - Limitation on Prosecution.
187.05 - Residential Mortgage Fraud in the Fifth Degree.
187.10 - Residential Mortgage Fraud in the Fourth Degree.
187.15 - Residential Mortgage Fraud in the Third Degree.