Comment on Officials: LIers defrauded bank of $500G in 'flipping' property to Sacred Heart

Officials: LIers defrauded bank of $500G in 'flipping' property to Sacred Heart

Four people, including a Garden City attorney and his wife, were arrested on federal bank fraud and conspiracy charges in a scheme that authorities said involved flipping a short-sale foreclosure property to a Catholic school -- while defrauding the Bank of America out of more than $500,000.

 

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