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Reuters: Massachusetts charges five in mortgage scam

Started by NaDiNe, June 28, 2008, 02:41:24 PM

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NaDiNe

Massachusetts charges five in mortgage scam
      


BOSTON (Reuters) - Massachusetts authorities on Friday charged a mortgage broker and four employees of U.S. financial institutions, including Bank of America Corp, with creating a mortgage-fraud ring that relied on phony savings-account statements.
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