2010-05-20 — prnewswire.com
"A 10-count indictment has been unsealed charging six individuals with conspiracy to commit wire fraud and wire fraud, announced U.S. Attorney Karen P. Hewitt. The defendants are charged with submitting false and fraudulent mortgage loan applications and related documents to banks and other lending institutions, thereby inducing the institutions to make approximately 36 loans totaling approximately $20,800,000."
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mortgagemess at 08:49 2010-05-21 said:
And for every 6 they charge for 20 million dollars there are ones who have gotten away with 4 or 5 million that will never get prosecuted...we only here about the big dollars ones... Permalinkadd a comment | go to forum thread
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