41 People Charged in Mortgage Fraud Scheme
July 29, 2009
Total Loss:
$41 million
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.
Source:
BusinessWeek
Posted in:
Internal Fraud