Towson Attorney Pleads Guilty to Bank Fraud for Role in Real Estate Scheme

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Case Summary

Jacob Rappaport, a 41-year-old man and attorney from Baltimore, has pleaded guilty to bank-fraud charges in connection with a real-estate scheme. Rappaport represented Alexander Schultz and his company, Limitless Management, on various real estate transactions. The guilty plea is a significant development in the case, and the defendant will likely face consequences for his actions. The case highlights the importance of ethical behavior in the legal profession.

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Towson Attorney Pleads Guilty to Bank Fraud for Role in Real Estate Scheme

Media Coverage · April 22, 2026

Jacob Rappaport, a 41-year-old Baltimore attorney, pleaded guilty to bank-fraud charges related to a real-estate scheme. Rappaport conspired with Alexander Schultz and his company, Limitless Management, to commit bank fraud. This guilty plea has significant implications for Rappaport's career and reputation.

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Key Issues

• • bank fraud
• • real estate scheme
• • attorney

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Jacob Rappaport, a 41-year-old Baltimore attorney, pleaded guilty to bank-fraud charges related to a real-estate scheme. Rappaport conspired with Alexander Schultz and his company, Limitless Management, to commit bank fraud. This guilty ple

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Baltimore, Maryland – A Baltimore man pled guilty in federal court, today, to bank-fraud charges in connection with a real-estate scheme. Jacob Rappaport, 41, is charged with conspiracy to commit bank fraud. Rappaport, an attorney, represented Alexander Schultz, 31, formerly of Pikesville, Maryland and Schultz’s company, Limitless Management — a company that bought, sold, and managed real estate in Maryland — on various real estate transactions.

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Media Coverage April 22, 2026

Towson Attorney Pleads Guilty to Bank Fraud for Role in Real Estate Scheme

Jacob Rappaport, a 41-year-old Baltimore attorney, pleaded guilty to bank-fraud charges related to a real-estate scheme. Rappaport conspired with Alexander Schultz and his company, Limitless Management, to commit bank fraud. This guilty plea has significant implications for Rappaport's career and reputation.

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Towson Attorney Pleads Guilty to Bank Fraud for Role in Real Estate Scheme

Baltimore, Maryland – A Baltimore man pled guilty in federal court, today, to bank-fraud charges in connection with a real-estate scheme. Jacob Rappaport, 41, is charged with conspiracy to commit …

Apr 22, 2026 · 1 min read