Mass. couple pleads not guilty to housing fraud
WOBURN, Mass.—A couple who lives in one of Massachusetts' wealthiest communities has pleaded not guilty to charges they fraudulently got thousands of dollars in public housing subsidies and lied to mortgage lenders.
Forty-five-year-old Paulo Montenegro and his 48-year-old wife Rosana Pereira, both of Weston, were arraigned Thursday in Middlesex Superior Court on charges of larceny and conspiracy to commit larceny. They were released on their own recognizance and ordered to surrender their passports.
Prosecutors say Pereira under-reported income and assets, and incorrectly claimed she was single, so the couple could get a subsidized Cambridge apartment. They also allege the pair got $250,000 by lying to mortgage lenders to buy multifamily homes in Somerville and Medford.
Montenegro's lawyer said there are two sides to what happened. Pereia's lawyer did not comment.