- 15
- May
2012
A pair was recently arrested and charged with federal white collar crimes that stretched from California to at least five other states. Investigators claim that their alleged multi-state mortgage fraud scheme stripped investors of funds totaling more than $45 million.
Mortgage fraud may involve a wide range of crimes, including reverse mortgage scams, house stealing, short sale schemes, loan fraud and more. The two men in this case have been formally charged with wire fraud and money laundering.



