Saturday, June 30, 2007

12 Indicted In Alleged Central Ohio Mortgage Fraud

WBNS-TV Channel 10 (Columbus, Ohio) reports:
  • "Twelve people who police said were involved in a mortgage fraud scheme were indicted Thursday on more than 70 charges. Police began their investigation in 2006 after a woman in California told Columbus police her identity had been stolen from someone in central Ohio. The investigation, headed by the state's Organized Crime Task Force, resulted in two indictments with a total of 38 counts and 77 charges. The mortgage fraud scheme involved people procuring loans under false pretenses, taking the money and then failing to pay it back, resulting in foreclosure of the properties, 10TV News reported."
For more, see 12 Charged In Mortgage Fraud Scheme or go here to watch WNBS Channel 10 report (by reporter Brittany Westbrook).