Originaly by MortgageFraud: Edmund A. Booth, Jr., United States Attorney for the Southern District of Georgia, announced that the federal grand jury sitting in Savannah has returned a twenty-two-count indictment against Arthur James Marshall, Jr. charging him with fraud and money laundering in his real...

In the wake of the bursting of the housing bubble, you’d think there’d be a significant number of investigations into criminal wrongdoing and accounting fraud, similar to what occurred after the S&L crisis and bursting of the stock bubble in 2000.But two years into the crisis the FBI...

Tom Backman says the deal to sell his house in Pacific two years ago seemed fishy from the get-go. The real-estate agent was hard to reach and demanded a specific escrow closer. The actual buyer was never around. Still Backman, who had already moved to rural Idaho, wanted to get the deal closed. He even...

Mortgage fraud has increased so dramatically in the San Joaquin Valley that a task force of federal, state and local agencies has been formed to fight back. The FBI, IRS, Secret Service, Department of Housing and district attorneys in Fresno, Tulare and other counties are among those involved. Their...