Former Pittsburgh cop pleads guilty to role in mortgage fraud scheme

A former Pittsburgh policeman honored last year for his proactive policing on the North Side admitted in federal court Monday to his role in a mortgage fraud scheme involving a defunct South Hills company whose president is awaiting trial.

Santino Achille, who resigned from the force Nov. 5, waived indictment before U.S. District Judge Donetta Ambrose and pleaded guilty to bank and wire fraud conspiracy in submitting loan applications that he knew contained false information.

Mr. Achille was involved in a scheme with Century III Home Equity, owned by James Nassida, who was charged last year with bank and wire fraud along with his top loan officer, Robert Denne.

Rachel Dollar

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