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Real Estate & Property Law

: The Home Equity Theft Reporter

Four Face Federal Charges In Alleged Straw Buyer Mortgage Fraud Scheme Designed To Assist Struggling Oklahoma Homebuilder Unload Unsold Inventory

By r morris

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In Muskogee, Oklahoma, Tulsa World reports:Four people, one of them a Tulsa firefighter, were arraigned [last] week in federal court in connection with an alleged mortgage conspiracy that defrauded lenders and homeowners. Home builders Gerald Wayne Snow Sr., 68, of Broken Arrow and his son, Gerald Wayne Snow Jr., 40, are charged with wire fraud and criminal forfeiture. The younger Snow, a captain

Full post as published by The Home Equity Theft Reporter on August 25, 2009 (boomark / email).

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