A dual U.S.-Irish citizen plead guilty earlier this week in federal court in Boston to charges arising out of a multiyear mortgage fraud scheme.

Patrick Lee, 45, formerly of Canton and Easton, pleaded guilty to wire fraud and making an unlawful monetary transaction. Lee was extradited from Ireland to the United States last year to face the charges. It was Ireland’s first extradition to the United States since 2012.

Lee engaged with others in a mortgage fraud scheme between July 2005 and May 2007. Specifically, Lee or a relative bought five multifamily buildings in Dorchester and South Boston, financed those purchases with fraudulently obtained mortgage loans, and converted the buildings to condominiums, which facilitated the resale of individual units in the buildings to straw buyers.

The straw buyers were recruited for this purpose and their purchases were financed with fraudulently obtained mortgage loans. The straw buyers were assured that they would not have to put any money down or pay the mortgages, and that they would get a fee at closing and/or a share of the profits when the properties were sold.

The loans were funded with interstate wire transfers from the mortgage lenders to the closing attorneys’ conveyancing accounts, and the proceeds were then distributed to Lee and/or a family member, the recruiters, and others involved in the scheme. According to the government, mortgage lenders suffered losses of more than $1.5 million.

Sentencing is scheduled for Feb. 28, 2019.