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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.
Cite this article: FindLaw.com - New York Consolidated Laws, Penal Law - PEN § 187.25 Residential mortgage fraud in the first degree - last updated January 01, 2021 | https://codes.findlaw.com/ny/penal-law/pen-sect-187-25.html
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