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Loan Modification

: Flipping Frenzy

Six Defendants Indicted in Alleged $15 Million Mortgage Fraud Scheme Involving More Than 40 Residences in the Chicago Area

By Ralph Roberts

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Six defendants were indicted today on federal charges alleging that they participated in a $15 million mortgage fraud scheme involving more than 40 residential properties located in Chicago and south suburbs, federal law enforcement officials announced today. The defendants include two licensed realtors and a licensed loan officer who bought and sold homes, recruited others [...]

Full post as published by Flipping Frenzy on January 17, 2011 (boomark / email).

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