| 09.07.2009 - US: Boom times for real estate fraud |
| From Forbes: The FBI reports a surge in suspicious activity. Reports of suspicious mortgage filings from financial institutions increased 36% to 63,700 during fiscal 2008 compared with 46,700 filings the year before, according to the report. Two-thirds, or 1,035, of all pending FBI mortgage fraud investigations last year involved more than $1 million, putting a rough estimate of the total at $1 billion........Full Article: Source |