Sacramento-area Prosecutors Focus on Mortgage Fraud Crime

Mon, Aug 10, 2009

Crisis in the Valley

Prosecutors in the Sacramento area have taken varying approaches to the surge in real estate fraud. Some, such as El Dorado County, have devoted more resources, while others have used existing anti-fraud units. Nationwide, the number of suspected cases of mortgage loan fraud has increased from 52,868 in 2007 to 64,816 in 2008, the FBI says.

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