A prominent foreclosure law firm was charged with defrauding Fannie Mae through a scheme to submit falsely inflated bills to the mortgage servicing companies it worked for, knowing the federal housing authority would ultimately be on the hook through reimbursement payments, the Manhattan U.S. Attorney’s Office announced Wednesday.

“As alleged in the complaint, for years [Rosicki, Rosicki & Associates] exploited its relationship with Fannie Mae, a government-sponsored entity, for its own financial gain by knowingly causing Fannie Mae to pay artificially inflated costs for foreclosure-related services,” U.S. Attorney Geoffrey Berman of the Southern District of New York said in a statement.

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