Harold "Hal" Fields, 57, real estate agent, Arizona has agreed to plead guilty to fraud and theft in connection with a real estate fraud scheme in which investors reportedly lost $1.4M. The prosecution alleges that alleging that Fields took money from more than 20 people who expected profitable investments in low-cost HUD homes. Some didn’t receive real estate or money back. A 2004 search-warrant affidavit says Fields lost nearly $200,000 gambling during the time period of the fraud.
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Arizona Real Estate Agent Pleads Guilty to Fraud
Friday, January 21 2005 05:28
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Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.
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