Real estate agent throws himself on mercy of court

Mortgage & Real Estate

Today a former real estate agent begged a judge not to throw him in prison, stating that it would be too much of a hardship on his family, according to an article by Torsten Ove for Pittsburgh Post-Gazette.

But U.S. District Judge Arthur Schwab wasn’t hearing it.

Today was former A1 Mortgage owner Gregory Makozy’s sentencing for about 15 years of fraud, according to the article. Prosecutors said he did not deserve mercy because of his willingness to “throw everyone under the bus.”

And it wasn’t just him. His wife was involved a fraud scheme of her own, for which she received probation.

From the article:

“I know I screwed up. I messed up bad,” cried Gregory Makozy of Port St. Lucie, Fla., the former owner of A1 Mortgage Co. in Cranberry, in addressing U.S. District Judge Arthur Schwab. “I’m saying I’m sorry. I’m asking you to have mercy on me.”

Makozy, who owned Makozy Real Estate in Florida, was charged with multiple counts of hiding assets and lying following an investigation by the criminal division of the IRS. Prosecutors said he concealed more than $1 million during bankruptcy proceedings, including his properties in Cranberry and nearby Adams, as well as his Aston Martin car, which he sold for $54,000.

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