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Two California Men Indicted for $8.5 Million Mortgage Fraud Scheme

October 25, 2011
Total Loss: $8.5 Million

Beth Phillips, United States Attorney for the Western District of Missouri, announced that two California men were indicted by a federal grand jury today for a mortgage fraud scheme that defrauded a failed Sugar Creek, Mo., bank of more than $8.5 million.

Robert Charles Ramirez, 37, of Salinas, Calif., and William Troy Goings, 36, of Sacramento, Calif., were charged in a 20-count indictment returned by a federal grand jury in Kansas City, Mo.

Source: FBI
Posted in: New Account Fraud
Tags: mortgage fraud