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June 20th, 2008

Video - Mortgage fraud scandal unveiled

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Posted by: Nicole Volpe
Tags: Real Estate, , ,

The FBI unveiled “Operation Malicious Mortgage” and charged more than 400 people of fraud.

The same day that two former Bear Stearns hedge funds managers were arrested and indicted for securities fraud, the FBI unveiled a big mortgage fraud investigation.

Bobbi Rebell reports.

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