Industry NewsMortgage

Huge real estate scam hits Oregon

Victims lose homes, life savings in mortgage fraud case
Published on Apr 28, 2004

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by CareyBot

A grand jury in Yamhill County, Ore., last week handed down indictments of seven suspects accused of perpetrating one of the state's worst real-estate scams.

Together, the seven face 39 counts of racketeering, theft, forgery, broker fraud and other charges ...