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: Loan Modification & Home Loan News

Florida Grand Strand Condo Developers Indicted on Mortgage Fraud Charges

By Moe Bedard

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NORTH MYRTLE BEACH — Jeff Shoup and Tommy Hix, the would-be developers of the failed Bahama Island and Crystal Palace condominium resorts here, were indicted this week on fraud and conspiracy charges as part of a federal crackdown on mortgage fraud along the Grand Strand. The indictment accuses Shoup and Hix of stealing about $10 million [...]

Full post as published by Loan Modification & Home Loan News on April 29, 2010 (boomark / email).

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