Missouri Feds Get Indictments Of Four In Property Flipping Operation

A Missouri U.S. Attorney announced yesterday the indictments of four St. Louis area individuals in an alleged property flipping scheme, according to a report in the St. Louis Business Journal, reported at bizjournals.com.

The mortgage fraud allegations against the four include wire fraud, mail fraud, and conspiracy to commit fraud. In addition, the indictment also hit the ringleader with four allegations of money laundering. To read more, see Four defendants indicted in 23-count fraud case.
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