Mortgage Fraud Suspect Nabbed - 2005-06-16
The state Attorney General's office continued its attack on mortgage fraud Wednesday by serving nearly 20 search warrants in the Metro Atlanta area. One arrest was made.
The scheme involved homes that were bought at market value and then mortgaged at inflated prices. One Gwinnett County neighborhood suffered the hardest hit when search warrants were served at 14 homes believed to be part of a mortgage flipping scheme.
Read the full story at WXIA-TV