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10 Charged With $40 Million Jersey Shore Mortgage Fraud

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - August 09, 01:33PM from (www.bloomberg.com)

Ten people were charged with a $40 million fraud that relied on phony documents and straw buyers to bilk mortgage lenders for properties at the New Jersey Shore and resorts in South Carolina and Georgia, U.S. prosecutors said.
The 10 were accused today of u...


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