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Real Estate & Property Law

: The Home Equity Theft Reporter

Twin Cities Duo Get 3+ Years In Mortgage Fraud Scam; Targeted Homeowners Facing Foreclosure w/ Sale-Contract For Deed Buyback, Equity Stripping Ripoff

By r morris

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From the Office of the U.S. Attorney (Minneapolis, Minnesota):The second of two men from the Twin Cities was sentenced today in federal court in connection with a real estate loan scam aimed at defrauding Associated Bank. In Minneapolis, United States District Court Judge Joan Ericksen sentenced Eric R. Krahnke, age 52, of Andover, to 37 months in prison. On February 3, 2010, Judge Ericksen

Full post as published by The Home Equity Theft Reporter on February 21, 2010 (boomark / email).

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