Loan firm officer charged with fraud
A Valparaiso employee of a loan company giving out federal money to farmers was indicted on charges of giving himself almost $500,000 in loans on properties valued more than they were actually worth. According to the indictment, filed Wednesday in the U.S. District Court in Hammond, Alan W. Goings worked as a financial services officer for Farm Credit Services of Mid America, based out of …

Read more on Post-Tribune

Popularity: 5% [?]

Former Beverly Hills appraiser sentenced in real estate fraud ring
Lila Rizk is ordered to serve three years in federal prison and to pay restitution to lenders that together lost $50 million on loans in the scheme. A former Beverly Hills real estate appraiser was sentenced to three years in federal prison Friday for her role in a multimillion-dollar real estate fraud ring.

Read more on Los Angeles Times

Popularity: 1% [?]