Rensselaer man sentenced in real estate fraud case
ALBANY -- Zarak Ali, 43, of Rensselaer was sentenced to 4 to 12 years in state prison Friday, on charges relating to real estate fraud.
In March, Ali pleaded guilty to three counts of Criminal Possession of a Forged Instrument in the Second Degree, all Class D felonies.
Between September 2015 and February 2016, Ali filed false deeds on multiple Albany County properties that were either in bankruptcy or foreclosure proceedings. He then rented out or sold those properties, without permission from their rightful owners.
Ali has pleaded guilty to several felonies in multiple counties -- including Rensselaer, Schenectady, Columbia, and Saratoga County -- as part of the same scheme.