Industry News

Real estate pros sentenced in $20 million fraud

Nearly 300 bogus loans involved
Published on Apr 5, 2006

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by CareyBot

A former Missouri mortgage broker and a former real estate appraiser were sentenced in federal court last week in separate but related mortgage fraud cases involving nearly 300 fraudulent loans worth almost $20 million, officials said. Avonda Nicodemus, 33, of ...

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