10 charged in mortgage fraud stemming from posh neighborhoods

"Starting on March 1, to date "Operation Stolen Dreams" has involved 1,215 criminal defendants nationwide, including 485 arrests, who are allegedly responsible for more than $2.3 billion in losses. Additionally, to date the operation has resulted in 191 civil enforcement actions which have resulted in the recovery of more than $147 million.

The indictment was returned by the federal grand jury sitting in Charlotte on Tuesday, but sealed until the arrests."