Industry News

Seven indicted in Louisiana real estate loan fraud

Case involves more than 50 homes, $1 million
Published on Nov 11, 2005

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by CareyBot

Seven people were indicted in Louisiana in connection with a mortgage fraud scheme in the Lafayette, La., area involving more than 50 properties and more than $1 million, court documents reveal. The indictment alleges 65 counts of conspiracy, bank fraud ...