Mark J. Bellotti, 56 of Marlboro was sentenced yesterday to five years in prison and a $50,000 fine after he was found guilty of obtaining $2.6 million of fraudulent home loans. Bellotti plead guilty.
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K&R; HOLDING OF MONTREAL EXTENDED A $3 MILLION CONSTRUCTION LOAN TO LEVERETT FOR REMODELING PURPOSES. — A 16,802-SQUARE-FOOT HOUSE AT 1000 S. OCEAN BLVD. IN MANALAPAN HAS BEEN SOLD TO ROBERT P..
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Assistant U.S. Attorney Virginia Covington said that the lawyer was so debt-ridden that it was impossible to find any assets traceable to the McCorkle money that weren’t tied up in loans. Bailey.
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