Criminal Probe To Be Opened Into Circumstances Surrounding Foreclosure Sale

In Pawnee County, Oklahoma, The Oklahoman reports:

• A criminal investigation will be opened on a foreclosure sale in which the son of Pawnee County Sheriff Roger Price obtained a house for far less than the mortgage amount. Jessica Brown, spokeswoman for the Oklahoma State Bureau of Investigation, said her agency learned about the matter earlier this week. The investigation involves a 2,814-square-foot house south of Cleveland that Price's son bought for $97,000 at an April auction overseen by Price. [...] The outstanding mortgage was for $188,125. The county assessor listed its market value as $144,412. However, appraisers picked by Price said the property was worth just $15,500.

Source: OSBI plans to investigate Pawnee County house sale.

For earlier post on this story, see Oklahoma Judge Accuses County Sheriff Of Improper Conduct In Conducting Foreclosure Sales.