Overview

• District Attorney Alvin Bragg announced a New York State Supreme Court indictment charging Angela Jazmin Ramos Malpica, Yuan Kuei Li, Abdur Rahman, and three companies with grand larceny, mortgage fraud, forgery, identity theft, and related offenses.
• Prosecutors allege Ramos posed as an heir on April 18, 2024 to sell the brownstone at 267 West 131st Street to Li as a straw buyer, who the same day allegedly flipped it to Rahman and Great Neck Acquisitions Inc. without real money changing hands.
• The deed and mortgage were recorded on or about April 25, 2024 with the NYC Department of Finance City Register listing Great Neck Acquisitions Inc. as owner, with Rahman signing on the company’s behalf.
• Investigators say the property was used to obtain a combined $1,636,000 mortgage and construction loan, with Ramos allegedly cashing $254,875.03, Rahman receiving $487,375 into GNA’s account, and about $265,000 routed to MSK Construction Team Inc., a company linked to Li.
• The D.A.’s office says the investigation is active, the defendants are presumed innocent, and additional charges are possible as prosecutors pursue the return of the property to Okryun Marrero’s heirs.