12 Indicted In Atlanta Mortgage Fraud Bust

Fulton County District Attorney Paul L. Howard, Jr. joined forces with Atlanta Police Chief Richard Pennington on September 15, 2008, to announce the indictment of a dozen defendants in an elaborate mortgage fraud scheme centered in Atlanta, Georgia‘s West End.  Five defendants are already arrested and in custody while the others remain at-large. The defendants are allegedly accused of buying and selling nine homes using inflated appraisals to more than double actual value.  According to …

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Original post by default@goarticles.com (Gemma Stanbury)

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