Home Feds charge 5 with bank fraud in Iowa home sales
 

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Feds charge 5 with bank fraud in Iowa home sales

2014-08-11 21:15:49| Real Estate - Topix.net

A Des Moines attorney and four area businessmen deceived banks into selling homes to them at below market rates, then immediately resold the properties for profit without the lenders' knowledge, federal prosecutors say.

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