| ► Attorney Philip Noce of River Edge, NJ; convicted felon |
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Attorney Philip Noce of River Edge, NJ; convicted felon
The state of New Jersey presented Philip S. Noce with a law license in 1972.
The New Jersey Office of Attorney Ethics found Howard guilty of the following misconduct.
Over the course of several years, Philip, a real estate attorney with a title insurance business, engaged in a scheme with other crooks to defraud HUD by fraudulently obtaining home mortgage loans issued by the FHA for unqualified home buyers. As a result of the fraudulent scheme, HUD suffered an actual loss of over $2.4 million.
The false information submitted to HUD included fraudulent certifications that the buyers had received check enabling them to contribute to the purchase prices of the homes and to qualify for the FHA-insured mortgages. In truth, the gift checks were bogus.
Philip’s role in the fraud was to perform title work and to act as the settlement agent and closing attorney for the unqualified buyers. At more than 50 closings, Philip knowing falsified settlement statements knowing HUD would rely on them to grant loans to unqualified buyers.
Subsequently, Philip pleaded guilty to one count of mail fraud.
As a consequence of his misconduct, the apologists for Attorney Misfits sitting on the Board punished Philip by gifting him with a 3-year suspension of his law license.
As we speak (ca. August 2012) Philip practices at 205 Princeton Drive in River Edge, New Jersey.
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