Tuesday, October 25, 2005

Your Read About Flipping Properties - Read this article!

'Flippers' headed to prison: "The first of 30 people involved in a massive mortgage-fraud scheme hinging on sham home sales were sentenced to prison Monday and ordered to spend hundreds of hours helping the neighborhoods blighted by their crimes.
The sentences handed down against three defendants by U.S. District Judge Susan Dlott were the first in the government's lengthy investigation of illegal 'flipping' of homes financed by unwitting lenders."
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