Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Satmar Hasidic Family Busted in Mortgage Fraud Scheme

FBI agents reportedly arrested more than a dozen members of Hasidic communities in Williamsburg, Monsey, and Kiryas Joel this morning in connection with a mortgage fraud investigation.

An FBI spokesman confirmed the arrests to the Forward. Neither the FBI nor the U.S. Attorney’s Office for the Southern District of New York has made an official statement on the arrests or the investigation.

Communal insiders told the Forward that those arrested were members of a single family connected to the Satmar Hasidic community. The family is said to have connections to both branches of the split Hasidic sect.

The U.S. Attorney’s Office is slated to hold a press conference at noon in White Plains to announce the arrests. NBC reported that the suspects will be arraigned in federal court in White Plains on Thursday afternoon.

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse..

Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.

—  Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.