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Loan Modification
: Flipping Frenzy16 people indicted in massive mortgage fraud case in Summit County
By Ralph Roberts
Full post as published by Flipping Frenzy on March 25, 2010 (boomark / email).
17 indicted in alleged mortgage-fraud scheme
From Mark Morris: A Kansas City federal grand jury indicted 17 people today in an alleged $12.6 million mortgage fraud scheme centered on Lee?s Summit and Raymore. According to the indictment, the conspirators engineered the sale and purchase of new...
North Texas Feds Sack NFL Defensive Line Coach, 39 Others In Alleged Mortgage Fraud Scam; Losses Close To $19M Involving 114 Homes: Authorities
In North Texas, CBS-TV Channel 11 reports:A federal task force has uncovered a massive mortgage fraud conspiracy operating in North Texas. And an NFL coach is among the 40 people who have been indicted...
Indianapolis Feds Indict Ex-Waiter For Alleged Role In Running Massive Mortgage Fraud Scam Involving 110+ Fraudulent Real Estate Deals
In Indianapolis, Indiana, The Indianapolis Star reports:A former waiter who became a high-profile Indianapolis real estate investor in the easy-money era of the 2000s has been indicted by a federal grand jury in a mortgage fraud case that set off mass home foreclosures on the Eastside...
Recent South Florida Federal Mortgage Fraud Prosecutions
The U.S. Attorney for the Southern District of Florida has made the following recent announcements in connection with its prosecutions of mortgage fraud: December 4, 2008: Three Palm Beach County Residents Sentenced For Mortgage Fraud,November 19, 2008: Miramar Woman And Miami Man Sentenced On Mortgage Fraud Scheme,November 07, 2008: Former Palm Beach Resident Indicted In Bankruptcy, Mortgage
Ohio AG, Cuyahoga County Task Force Bust 41 People In Alleged Straw Buyer Mortgage Scam Involving 453 Houses, $44M In Fraudulently Obtained Loans
In Cleveland, Ohio, Crain's Cleveland Business reports:Four companies and 41 people(1) have been indicted in an alleged mortgage fraud scheme spearheaded in Beachwood. The scam allegedly included 453 homes and $44 million of fraudulent loans...
Mortgage Fraud Scheme in Missouri Involves Agent, Brokers
A Missouri real estate agent and two former loan officers were indicted in a $12.6 million mortgage fraud scheme that involved 25 residential properties in Lee’s Summit, Mo., and Raymore, Mo...
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