Former area mortgage broker charged in $1 million scam

FORT MYERS — Former Lee County mortgage broker Thomas Errico has been charged with fraud for his role in a mortgage loan modification and investment scam that authorities say exceeded $1 million nationwide.

Errico was arrested June 10 on a charge of communications fraud, according to a statement from the Florida Office of Financial Regulation. The Lee County Sheriff’s Office assisted the OFR with the investigation, the release states, and the Fort Myers Police Department is credited with the arrest.