Six Los Angeles County Residents Charged in $4 Million Mortgage Fraud Scheme

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By California RealEstateRama -

LOS ANGELES, CA – July 11, 2011 – (RealEstateRama) — Six Los Angeles County residents have been charged for their roles in a mortgage fraud scheme that used fraudulent loan applications and supporting documents to convince lenders to fund approximately 20 loans that resulted in approximately $4 million in losses.

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