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Loan Modification

: Flipping Frenzy

Two New Jersey Men Charged with $7 Million Dollar Mortgage Fraud Scheme Involving More Than 50 Residential Properties

By Ralph Roberts

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NEWARK, NJ?A former mortgage broker and his purported co-conspirator in a mortgage fraud scheme were arrested today on a criminal complaint which alleges they conspired to defraud various mortgage lenders of more than $7 million by conducting at least 50 fraudulent real estate transactions involving residential properties in New Jersey, U.S. Attorney Paul J. Fishman [...]

Full post as published by Flipping Frenzy on October 23, 2010 (boomark / email).

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