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Real Estate & Property Law

: The Home Equity Theft Reporter

Minnesota Feds Charge Attorney In Alleged Mortgage Fraud Flipping Scam; Suspect Accused Of Using 86-Year Old Mom As Unwitting Straw Buyer

By r morris

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In Minneapolis, Minnesota, the Vadnais Heights Press reports:A White Bear Town Board official who was accused of using his elderly mother to ?flip? a real estate deal and pay off a foreclosed office property was indicted in federal court July 14. The U.S. Attorney?s Office said Richard Sand, 58, was charged in U.S. District Court with three counts of mortgage fraud through interstate wire and 11

Full post as published by The Home Equity Theft Reporter on July 25, 2010 (boomark / email).

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