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Loan Modification

: Flipping Frenzy

Three Attorneys, Two Real Estate Brokers, and Five Others Indicted in $10 Million Mortgage Fraud Scheme

By Ralph Roberts

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Earlier today at the federal courthouse in Brooklyn, New York, an indictment was unsealed charging 10 defendants, including three attorneys and two licensed real estate brokers, with conspiracy, bank fraud, and wire fraud arising out of their mortgage fraud scheme. The indictment alleges that the defendants fraudulently obtained over $10 million in loans from American [...]

Full post as published by Flipping Frenzy on April 12, 2010 (boomark / email).

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