Chicago, IL–(ENEWSPF)– Six Chicago area defendants were indicted on federal charges for allegedly fraudulently obtaining more than $10 million in mortgage loan proceeds from various lenders by submitting false loan applications and supporting documents, federal law enforcement officials announced today. The defendants, who include loan officers, processors, a contractor and an unlicensed appraiser, were each charged with one or more counts of mail, wire or bank fraud in an eight-count indictment that was returned by…
