An unlicensed mortgage broker faces up to 30 years in prison after pleading guilty to a fraud scheme in which $4.74 million in mortgage refinancing proceeds were allegedly wired to accounts controlled by the perpetrators.
Source: Inman News
Unlicensed mortgage broker siphoned off $4.74M in refi proceeds
Published in Brent Kaufman, fbi, Mortgage, mortgage fraud, News Brief and Regulations
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