Houston Announces Mortgage Fraud Indictments

Six individuals have been charged in a 10-count indictment with conspiracy to commit wire and mail fraud, wire fraud, conspiracy to commit money laundering and engaging in financial transactions with criminally derived funds in relation to a mortgage fraud scheme. The defendants were charged as a result of a national initiative unveiled by federal authorities, “Operation Malicious Mortgage”. The six charged in this district represent a portion of the 60 arrests made in mortgage fraud-related cases …

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Original post by default@goarticles.com (Bryan Burbank)

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