Industry News

Former SoCal mayor named in real estate fraud charges

8 individuals allegedly orchestrated condo-conversion scam
Published on Dec 3, 2004

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by CareyBot

A federal grand jury in Santa Ana, Calif., on Wednesday indicted eight defendants in a complex real estate scheme, alleging they fraudulently converted Huntington Beach apartments to condominiums, then sold the properties for substantial profits. In addition to the real ...