"The fact that this is the biggest fraud case brought by this office doesn't mean my client is involved in it," he said.
Four of the defendants named in Tuesday's indictment were arrested previously, and three have pleaded guilty. Others haven't been charged, and the investigation is ongoing, Fishman said.
Each of the defendants was charged with one count of bank fraud and could face up to 30 years in prison and a $1 million fine if convicted.
___Associated Press writer Samantha Henry contributed to this report from Jersey City. ___ Follow Zezima at http://twitter.com/katiezez