‘Straw Buyer’ Mortgage Scam Knocked Flat

admin —  August 7, 2011 — Leave a comment

The FBI on Thursday busted up a $58 million mortgage fraud operation based in Long Island that involved more than 100 properties in New York and Florida that were either in default or had been foreclosed upon. Authorities charged 14 people, …EXCLUSIVE: 14 Charged in $60 Million Mortgage Fraud Scheme Fox NewsReal Estate Woes: Five Lawyers Charged In $58M Mortgage Fraud Scheme Wall Street Journal (blog)Feds: 14 Busted in $58M Long Island Mortgage Scam Long Island Press Long Island Business News  - Patch.com  - New York Law Journalall 32 news articles »

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Source: Portfolio.com (blog)

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