Real Estate/Development
Mar. 2, 2012
Auction bid rigging crackdown widens
Federal authorities are cracking down harder on foreclosure auction bid rigging and are seeing big results from a pair of sweeping multi-defendant prosecutions in Northern California and the state's Central Valley.
Daily Journal Staff Writer
Federal authorities are cracking down harder on foreclosure auction bid rigging and are seeing big results from a pair of sweeping multi-defendant prosecutions in Northern California and the state's Central Valley.
In the latest plea deal, 47-year-old Wiley C. Chandler of Lodi admitted Friday to conspiring with a group of real estate speculators to "rig bids" and commit mail fraud...
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