Tuesday, July 28, 2009
CURT ANDERSON, AP Legal Affairs,
CURT ANDERSON, AP Legal Affairs,
Feds charge 41 in Fla. mortgage fraud schemes
MIAMI -- Federal prosecutors say 41 people have been charged in the latest round of South Florida mortgage fraud schemes.
The charges stem from six separate cases involving about $41 million in fraudulent mortgages. Some cases involve fraud at nearly every level of the transaction, from purchasers to lenders to title companies.
Acting Miami U.S. Attorney Jeffrey Sloman says an anti-fraud initiative in South Florida has resulted in charges against 218 people since 2007. The total fraud was pegged at more than $268 million.
Read Full Article
Posted by Editor on 07/28/09 at 07:07 AM •
(0) Comments
Share Your Ire
blog comments powered by Disqus