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Five plead guilty for roles in mortgage fraud

 
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Otis
Certified Residential


Joined: 11 Aug 2007
Posts: 2864
Location: High and Dry
PostPosted: Sun Jul 13, 2008 12:17 am    Post subject: Five plead guilty for roles in mortgage fraud Reply with quote
http://www.lvrj.com:80/business/24623679.html
Quote:
Five plead guilty for roles in mortgage fraud that brought $17 million in losses

The ongoing investigation of the Southern Nevada Mortgage Task Force resulted in guilty pleas from five defendants charged in a scheme that caused $17 million in bank losses, U.S. Attorney Gregory Brower announced Friday.

"These guilty pleas mark a significant step toward unraveling a large and complex mortgage fraud centered in Southern Nevada," Brower said in a statement. "The investigation is ongoing."

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