A Reading man has pleaded guilty in connection with a scheme to defraud an older relative of her ownership in a three-family home and then take a loan on the property.

Giorgio “George” Fiorenza, 51, pleaded guilty in Boston federal court this week to two counts of wire fraud and one count of aggravated identity theft, according to a statement from the U.S. attorney’s office. Fiorenza was charged in August 2020.

Prosecutors said Fiorenza defrauded an older relative into unknowingly signing a deed transferring her interest in a Cambridge property she owned with Fiorenza’s spouse. He then forged the victim’s name on another document necessary to convey title to the property, and both documents were recorded in the Middlesex Registry of Deeds. Fiorenza then took out a $750,000 loan that was in his spouse’s name and was secured by the property, subsequently causing the lender to foreclose on the property, the statement said.

Separately, Fiorenza also pleaded guilty to a scheme to defraud the Massachusetts Department of Unemployment Assistance. According to the U.S. attorney’s office, Fiorenza filed claims for Pandemic Unemployment Assistance (PUA), made available through the CARES Act, in the names of third parties and fraudulently diverted some of the funds for his own use.

Fiorenza’s sentencing has been scheduled for April 7.