Chicago, IL-(ENEWSPF)- Six defendants were indicted January 12 on federal charges alleging that they participated in a $15 million mortgage fraud scheme involving more than 40 residential properties located in Chicago and south suburbs, federal law enforcement officials announced today. The defendants include two licensed realtors and a licensed loan officer who bought and sold homes, recruited others to act as residential purchasers, and allegedly caused various financial institutions to lose approximately $4.5 million on…
