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Updated over 16 years ago on .

Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
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User Stats

1,821
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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
Connect
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts
Real Estate News & Current Events

FBI Arrests 400 Mortgage Scammers

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

The crackdown continues. It seems that the FBI has arrested 400 people since March for mortgage fraud. I'm sure this will have many others shaking in their boots. However this is a case of shutting the barn door after the horses have escaped, once again it's too little, too late.

Foreclosure rescue scams are also being targeted.

See Article:
http://news.yahoo.com/s/ap/20080619/ap_on_bi_ge/mortgage_fraud

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