Andre Junior Lamerique, formerly of Sharon, who was convicted of conspiracy, wire fraud and money laundering, was sentenced to 60 months imprisonment, to be followed by three years of supervised release, for the role he played in a mortgage fraud ring.

The mortgage fraud ring involved 21 fraudulent property transactions in the Greater Boston area, which defrauded 10 mortgage lenders of more than $10.6 million in loan proceeds between May 2005 and June 2006, according to a statement from the U.S. Attorney’s office. The scheme involved the use "straw" buyers, inflated purchase prices and documents containing numerous false representations, including false information about the purchase price, borrower income, employment and intent to reside in the property.