Industry News

Five indicted in condo conversion scheme

Straw buyers allegedly were used to obtain $3 million in loans, grants
Published on Dec 13, 2007

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by CareyBot

Two sisters who worked at the same mortgage brokerage have been indicted along with their father in an alleged $3 million mortgage fraud scheme in which rental properties were converted into condominiums and sold to straw buyers. Sisters Suzana Radojcic, ...

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