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Loan Modification

: Flipping Frenzy

Gang Leader?s mortgage scam causing huge bank losses pleads quilty

By Ralph Roberts

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FEDERAL COURT ? A San Diego gang member who federal authorities said was the leader of a massive mortgage fraud scam pleaded guilty yesterday to participating in a racketeering conspiracy involving bank fraud, money laundering and other crimes. Darnell Bell, 39, faces a maximum of 20 years in prison. Prosecutors said he was a chief orchestrator [...]

Full post as published by Flipping Frenzy on March 07, 2010 (boomark / email).

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