Industry News

Kansas City councilwoman charged in mortgage fraud scheme

Prosecutors say she never lived in home used as collateral for loans
Published on Jan 4, 2007

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by CareyBot

A Kansas City, Mo., city councilwoman was one of three people indicted by a federal grand jury Wednesday for their alleged roles in a mortgage fraud scheme. City Councilwoman Saundra A. McFadden-Weaver, 47, was charged with conspiracy and wire fraud ...