Attorney General Bondi’s Office and Miami-Dade Police Department Stop South Florida Mortgage Fraud Scheme Totaling Nearly $5 Million

TALLAHASSEE, FL – October 26, 2012 – (RealEstateRama) — Attorney General Pam Bondi and the Miami-Dade Police Department today charged seven people for their alleged involvement in a mortgage fraud scheme totaling nearly $5 million. The individuals allegedly defrauded lenders by using straw buyers, filing false liens with county officials, laundering money, and inflating prices quoted to lenders.