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Loan Modification

: Flipping Frenzy

Fraud Scheme Preyed on Homeowners Facing Foreclosure

By Ralph Roberts

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A group of 17 people was charged in a multimillion-dollar real estate fraud Thursday, a scam prosecutors say left some victims homeless. The list of those charged includes attorneys, mortgage brokers and real estate advisers. The charges, brought forth by Queens District Attorney Richard Brown, accuse two men of having led a predatory scheme to take [...]

Full post as published by Flipping Frenzy on May 16, 2010 (boomark / email).

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