AIR DATE: June 21, 2010
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The US Attorney has recently indicted 123 Nevadans for mortgage fraud. That's nearly 10% of the 1,200 people indicted nationwide in the "Stolen Dreams" investigation. But there are plenty of other fraudsters in the real estate industry. We look at one house-flipping scam in Florida as well as talk with local experts who are working on mortgage and housing fraud.
Gail Burks, Exec Dir, Nevada Fair Housing Center
Chris Davis, Investigative Reporter, Sarasota Herald-Tribune
John Kelleher, Head of the Nevada Attorney General's Mortgage Fraud Task Force and Senior Deputy Attorney General