Earlier this month the U.S. attorney for the Southern District in New York charged 26 people with taking part in a mortgage fraud scheme companies that brokered loans with a total face value of more than $200 million. Many of the defendants worked for Galina Zhigun, who owns a Brooklyn-based mortgage brokerage called AGA Capital, which later became Lending Universe. The indictment said that the the scammer companies earned at least $4 million in commissions and fees. Lenders lost at least $4.5 million because they relied on false information.
So what kind of business was Lending Universe? After the jump, watching a video they produced to show you how easy it is to get a loan. And then write yourself a note not to trust mortgage brokers who play first person shooter games where they gun down lenders.
Want to play yourself? Click here. Don't forget to shoot the cat.