As president of Plaza Mortgage, Martin Basroon was convicted for "conspiracy to commit mail and wire fraud" and "interstate transportation of property taken by fraud" seven years ago, according to Gawker and court documents. His conviction and sentence were affirmed on appeal in 2002. Basroon was released from a federal prison in March 2005, and started working for the Press later that year. "He had a legal problem a number of years ago and that problem is behind him," Press president Peter Polimino tells Gawker. "That legal problem has nothing to do with his position at our company."
