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Home » Store » News » Seven Indicted in Online Mortgage Fraud Scheme

Seven Indicted in Online Mortgage Fraud Scheme

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Seven individuals have been indicted in relation to the bankrupt AppOnline.com Inc., a former Internet mortgage lender. The U.S. Attorney’s Office in Long Island, NY, has filed two indictments against the seven, charging them with deceiving investors and warehouse lenders, using warehouse funds for daily operations, and manipulating the publicly traded shares of AppOnline.com.
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