Thursday, December 9, 2010

Officers ordered to pay $450,000 for fraudulent mortgage deals

Officers ordered to pay $450,000 for fraudulent mortgage deals:
"Two Phoenix police lieutenants who ran an off-duty real-estate business have been ordered to pay more than $450,000 in civil penalties and restitution for fraudulent mortgage deals in which they are accused of bilking 148 homeowners facing foreclosure."

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