Federal grand jury indicts 4 people, real estate business in $50M fraud conspiracy

Federal grand jury indicts 4 people, real estate business in $50M fraud conspiracy

Four people and a real estate investment group have been indicted by a federal grand jury in connection to a $50 million brank fraud conspiracy, according to the Department of Justice.

Grand jury indicts owners of real estate investment group, closing & title company employees in more than $50 million bank fraud conspiracy

Bank Fraud Scheme Results in Charges Against Real Estate Investment Group

The defendants are each charged with conspiring to commit bank fraud, bank fraud, making false statements and money laundering. Continue Reading Bank Fraud Scheme Results in Charges Against Real Estate Investment Group The post Bank Fraud Scheme Results in Charges Against Real Estate Investment Group appeared first on Weekly Real Estate News.