Mortgage Fraud Scheme Busted
KMGH ABC Denver
Mar. 24, 2008. 03:21 AM EST
State authorities have charged 10 people in an alleged mortgage-fraud ring involving millions of ... More »
State authorities have charged 10 people in an alleged mortgage-fraud ring involving millions of dollars. The grand jury indictment announced Monday by the Colorado attorney general's office outlines a scheme in which the suspects allegedly used falsified invoices and shell corporations to pocket a little more than a million dollars from lenders. 7NEWS reporter Russell Haythorn explains. « Less
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