Colorado real estate probe turns up sham title cos.
Officials uncover fake affiliated business arrangements
By Janis Mara, Thursday, February 9, 2006.A seven-month probe of affiliated real estate partnerships in Colorado has uncovered what officials describe as a network of sham title agencies set up to pay kickbacks to lenders and other real estate providers.
The probe of relationships between title insurers and other real estate entities is currently focused on about a dozen title insurance agencies owned and operated by Douglas P.
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