Zilberberg & Fried Bank Fraud Trial Set for Jan. 2023
Just before the Park Avenue Bank went under about ten years ago, a director of the Bank, ie., Mendel Zilberberg, of Monsey, NY, conspired with his buddy Aron Fried, of Toms River, NJ, to use straw borrowers to apply for millions of dollars in fraudulent loans. Park Avenue Bank lent the straw borrowers over a million in loans, one straw borrower was Zilberberg’s unwitting niece, who got over a hundred thousand dollars, which she gave to Zilberberg. Another borrower was…