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Loan Modification

: Flipping Frenzy

Minneapolis Pair Plead Guilty to $2.5 Million Mortgage Fraud Scam

By Ralph Roberts

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Two Prior Lake men have pleaded guilty in federal court in Minneapolis for their roles in a scheme that defrauded mortgage lenders out of more than $2.5 million by causing them to make loans based on false information. Appearing before United States District Court Judge David S. Doty earlier today, Beau Wesley Gensmer, age 28, [...]

Full post as published by Flipping Frenzy on August 11, 2010 (boomark / email).

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