Texas Man to Plead Guilty in $1.5 Million Property Fraud Case

A Texas man has agreed to plead guilty to charges related to a $1. 5 million property fraud scheme that involved impersonating property owners and selling their land, according to the U. S.

Attorney's Office. Moshe Levi, 61, of Carrollton, Texas, is set to plead guilty to wire fraud conspiracy and money laundering conspiracy, although a plea hearing has not yet been scheduled by the court.

Levi was charged in July 2026 along with two co-defendants. The scheme allegedly involved identifying vacant and unencumbered real properties in Massachusetts, Georgia, Indiana, and Tennessee, which were owned by individuals residing out of state. Levi and his co-conspirators allegedly established email and internet telephony accounts and obtained fake identifications, including driver's licenses and passports, in the names of the properties' owners.

Using these fake identifications, Levi and his co-conspirators allegedly impersonated the record owners of the properties to deceive real estate professionals into listing and negotiating the sale of the properties. They then deeded the properties to unsuspecting buyers in exchange for payment. Since approximately June 2023, Levi and others allegedly shared and attempted to share in illegal proceeds totaling approximately $1.5 million.

The U.S. Attorney's Office stated that the charge of wire fraud conspiracy carries a potential sentence of up to 20 years in prison, three years of supervised release, and a fine of $250,000, or twice the gross gain or loss from the scheme, whichever is greater. Similarly, the charge of money laundering conspiracy also carries a potential sentence of up to 20 years in prison, three years of supervised release, and a fine of $500,000, or twice the value of the financial transactions that were the object of the conspiracy.

The announcement was made by United States Attorney Leah B. Foley and Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation’s Boston Field Office.

Assistant U. S. Attorney Seth B.

Kosto, Chief of the Securities, Financial & Cyber Fraud Unit, is prosecuting the case.

The details contained in the charging documents are allegations, and the defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.