Banking
Mar. 25, 2008
California, the Hotbed of Housing Fraud
California prosecutors, including McGregor Scott, U.S. attorney in Sacramento, are mining a mother lode of mortgage fraud cases, revealing that an astonishing amount of lying and bribing took place during the biggest housing boom since World War II.
Daily Journal Staff Writer
This article appears on Page 1
SACRAMENTO - California prosecutors are mining a mother lode of mortgage fraud cases, revealing that an astonishing amount of lying and bribing took place during the biggest housing boom since World War II.
"When you do start looking, it's amazing how widespread it is," said McGregor Scott, the U.S. att...
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