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Loan Modification

: Flipping Frenzy

Ninth Defendant Sentenced to Five Years in Prison for His Role in Large-Scale Mortgage Fraud Ring

By Ralph Roberts

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BOSTON, MA?A Sharon man convicted of conspiracy, wire fraud, and money laundering was sentenced today for the role he played in a mortgage fraud ring that involved 21 fraudulent property transactions in the Greater Boston area, which defrauded 10 mortgage lenders of more than $10.6 million in loan proceeds. United States Attorney Carmen M. Ortiz, [...]

Full post as published by Flipping Frenzy on January 21, 2011 (boomark / email).

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