Saturday, January 16, 2010

Tight-Knit Baltimore Investment Group Reportedly Has Cost Foreclosing Lenders More Than $1M So Far With More Foreclosures In The Pipeline

In Baltimore, Maryland, Baltimore City Paper profiles a local real estate investment group - made up of friends, brothers, lovers, and alleged step-relatives who flipped homes to each other - that appears to have fallen on hard times as the foreclosure actions against them continue to mount.

For the story, see Shells Hocked.

For an earlier Baltimore City Paper story on this outfit, see Shell Game (Seven Neighbors, 11 Foreclosures, and More Than a Million Dollars' Profit in One Baltimore Neighborhood).