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: The Home Equity Theft Reporter

Sticky-Fingered Closing Agent Gets 12 Yrs, Agrees To Indemnify Title Insurer Left Holding Bag In $3.8M+ Escrow Account Ripoff Affecting 11 Home Buyers

By r morris

From the Office of the New Jersey Attorney General:Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that the owner of a title company in Red Bank was sentenced to prison [last week] for stealing $3.8 million in loan proceeds intended for payment of mortgage balances and other closing costs.According to Director Taylor, Ronald P. Mas Jr., 35, of Red Bank, a

Full post as published by The Home Equity Theft Reporter on January 12, 2011 (boomark / email).