7 indicted in Denver area foreclosure and mortgage fraud allegations

7 Indicted Denver Area Foreclosure Mortgage - Politics, Business, Civil, History - Posted: 28th Jan, 2010 - 1:04pm

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Post Date: 28th Jan, 2010 - 1:04pm / Post ID: #

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7 indicted in Denver area foreclosure and mortgage fraud allegations

7 indicted in Denver area foreclosure and mortgage fraud allegations
Mortgage Fraud News From MortgageFraud.org

A Denver Grand Jury has indicted seven men in connection with a mortgage fraud scheme. The charges allege that the defendants, using phony documents and information, stole hundreds of thousands of dollars by repeatedly purchasing homes in foreclosure without any intention of paying the mortgages. The losses to mortgage companies are allegedly hundreds of thousands of dollars.
Source: Daily Mortgage Fraud News

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