Philly Feds Indict Woman Offering Alleged Phony Foreclosure Investment Program

In Philadelphia, Pennsylvania, WPVI-TV Channel 6 reports:

• The operator of a real estate investment program has been arrested and faces federal charges. Lizette Morice operated the program that Action News warned you about called Gaddel Enterprises. Morice is now officially charged with devising a scheme to make money by defrauding consumers. [...] A federal grand jury charges that the founder and head of Gaddel, Morice, took money knowing full well that no real estate transactions were ever completed by her company.

For more, see Foreclosure investment operator indicted.