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Real Estate & Property Law

: The Home Equity Theft Reporter

Boston Feds Charge Two In Alleged Condo Conversion, Straw Buyer Mortgage Scam; Nine Units In Four Triple Deckers Wind Up In Foreclosure

By r morris

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From the Office of the U.S. Attorney (Boston, Massachusetts):A former Dorchester man and a Wrentham mortgage broker were charged in federal court with wire fraud and money laundering in connection with a mortgage fraud scheme which generated more than $1 million in profits and sending nine properties into foreclosure.***The Indictment alleges that from about August 2006 through February 2007, [

Full post as published by The Home Equity Theft Reporter on December 14, 2009 (boomark / email).

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