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Thursday, November 13, 2014

NY family accused of $20 million mortgage fraud

WHITE PLAINS, N.Y. Twelve members of a single Brooklyn-based family were charged Thursday with lying about being wealthy to obtain mortgages or lying about being poor to get food stamps and other benefits. "They alternately played the part of prince or pauper depending on which scam was being perpetrated," U.S. Attorney Preet Bharara said at a news conference in the White Plains courthouse.

Read article NY family accused of $20 million mortgage fraud»

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