Mortgage fraud busts | Arkansas Blog

Thursday, June 19, 2008

Mortgage fraud busts

Posted By on Thu, Jun 19, 2008 at 1:22 PM

The FBI announced today that it made hundreds of arrests of real estate people in a national mortgage fraud investigation that has touched 50 judicial districts. The busts are also related to the securities fraud arrests of Bear Sterns officials.

U.S. Attorney Jane Duke of Little Rock told us there had been no indictments issued in the eastern or western districts of Arkansas related to this announcement, but she said active investigations of similar activities were underway in both of Arkansas's federal judicial districts.

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