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Four Sentenced to Lengthy Prison Terms for Roles in Multi-million Dollar Mortgage Fraud Scheme. SACRAMENTO, Calif.. 2015, after a 21-day trial, a federal jury found the four defendants guilty of multiple counts of mail and wire fraud associated with their involvement in the mortgage fraud.
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Economic Crisis Explained How Can A few bad mortgages in the suburbs of Florida lead to the Bankruptcy of a country like Iceland? What has caused the stock market to fall by 40% -the worst decline since the Great Depression?
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