#Mortgage Fraud
FBI arrests nine people on mortgage fraud related charges, more arrests expected
Two sealed indictments were handed down yesterday by a Federal Grand Jury in Honolulu accusing 14 individuals with a variety of Mortgage Fraud-related charges. “The defendants are accused of operating their mortgage businesses as fraud factories – creating false documents to dupe lenders into funding sham home purchases,” said Honolulu FBI Special Agent Tom Simon. […]