41 indicted in Ohio mortgage fraud

Ohio authorities announced indictments of 41 people and four companies accused of engaging in fraudulent transactions on the purchase of 453 Cleveland-area homes involving loans totaling $44 million.

In what was described as one of the nation's largest mortgage fraud cases, Uri Gofman and 10 other defendants were indicted on mortgage fraud-related offenses including engaging in a pattern of corrupt activity, a first-degree felony. The other 34 individuals and companies were indicted on mortgage fraud-related offenses, prosecutors said.

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