A paralegal who took part in a multimillion-dollar mortgage fraud and foreclosure scheme has been sentenced to three years in prison by a federal judge. From 2004 to 2007, Marina Dubin, 33, and 26 others, including mortgage brokers and loan processors at the Brooklyn-based firm AGA Capital NY Inc., submitted applications with bogus information to secure millions of dollars in loans. The subprime mortgage scam cost lenders roughly $11.6 million in losses.

Dubin also served as a settlement agent for a foreclosure rescue scheme where distressed homeowners in Brooklyn and the Bronx were induced to “sell” their deeds to innocent straw buyers who would in turn apply for loans and “save” the homes. Led by Maurice McDowall, the defendants defaulted on the loans, causing homeowners to lose title to their property and leaving lenders with hundreds of thousands of dollars in unpaid loans.

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