Wednesday, June 1, 2022

Financial Fraud News Update

U.S. Department of Justice
Offices of the United States Attorneys

 
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06/01/2022 12:00 AM EDT

BOSTON – A former self-proclaimed Salem real estate developer has been convicted by a federal jury in Boston in connection with a 10-year mortgage fraud scheme involving at least two dozen fraudulent loan transactions totaling $6.5 million and resulting in more than $3.8 million in losses to lenders.
 

 

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