In todays Jacksonville Fl Time Union newspaper. No names have been posted yet:
A crackdown on mortgage fraud has resulted in indictments of 24 Jacksonville-area real estate professionals in connection with at least $244 million in loan amounts for 200 pieces of property, federal authorities said today.
The people indicted worked during the housing boom in positions such as small business banker, title company employee and owner, mortgage broker, mortgage banker, employee of a real estate development company, real estate agent, Realtor, home builder, real estate investor, title and closing agent, and real estate appraiser. They are among about 100 people being prosecuted by federal authorities after an intensive, nine-month investigation of mortgage fraud in the Middle District of Florida, spanning the metropolitan areas of Jacksonville, Orlando, Tampa and Ft. Meyers. “You will be caught, you will be prosecuted, and you will be sentenced to significant jail time,” U.S. Attorney Brian Albritton said today at a news conference in Jacksonville.
