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Real Estate & Property Law

: The Home Equity Theft Reporter

Chicago Feds Announce Mortgage Fraud Busts In Five Separate Cases; 37 Individuals, 4 Businesses Face Felony Charges

By r morris

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From the Office of the U.S. Attorney (Chicago, Illinois):Forty-one defendants are facing federal charges relating to various mortgage fraud schemes in five separate cases(1) made public today by federal law enforcement officials. In some of the schemes, the defendants were charged with falsely inflating the values of dilapidated homes in urban areas. Other schemes feature a twist where defendants

Full post as published by The Home Equity Theft Reporter on June 24, 2009 (boomark / email).

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