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08-05-2011, 08:12 AM   #1
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All those dead beat little people.. NOT

Fourteen people were charged with participating in a nearly $60 million mortgage fraud ring on Thursday following an FBI crackdown, has learned.

The 14 alleged members of the mortgage fraud ring include real estate attorneys, title closers, appraisers and straw buyers. They were charged with conspiracy to commit bank fraud and wire fraud charges. The scheme involved more than 100 properties in New York and Florida, many of which are now in default or foreclosure.
EXCLUSIVE: 14 Charged in $60 Million Mortgage Fraud Scheme -

08-05-2011, 10:03 AM   #2
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Now don't you know that anything from fox news is not to be taken as real news by many people here on the boards? Sounds similar to hundreds of mortgages in Massachusetts that are be challenged as legal documents because the mortgage companies forged the signatures of the companies lawyer on the documents
08-05-2011, 10:09 AM   #3
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Original Poster
It hurt me to post that.. The "broken clock is right twice a day" did come to mind.........

You should be happy I don't limit myself, ever, to acquiring info.

UNFORTUNATELY most is still "wrong".......

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