More than 1,000 people were defrauded out of about $70 million by a group advertising the dream of homeownership in what turned out to be a nightmare Ponzi scheme, federal and Maryland officials said Monday.
Five Charged In 'nightmare' $70m Mortgage Scheme
foxnewsonline@foxnews.com, FOX News
Mon, 04/27/2009 - 6:46pm
Topics: maryland mortgage mortgage fraud ponzi scheme
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