Yonkers Man Admits Role In $3.5M ‘Shotgunning’ Scheme

Simon Curanaj, 62, of Yonkers took a guilty plea to conspiracy in federal court in Newark -- along with an accomplice, Michael Arroyo, 59 of the Bronx -- in exchange for leniency. Both admitted using false information and simultaneous loan applications at several banks to fraudulently obtain home equity lines of credit, Acting U.S. Attorney for New Jersey William E. Fitzpatrick said.