Industry News

Man pleads guilty to real estate flipping scheme

Total loss to lenders exceeds $700,000
Published on Jan 26, 2005

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by CareyBot

Pantelis Karsos, 45 of Towson, Md., on Friday pleaded guilty to charges stemming from his role in a mortgage-flipping scheme, according to a U.S. Attorney’s office in the District of Maryland. Karsos, the owner of Nations Mortgage in Towson, admitted ...