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700 People Arrested in Mortgage fraud investigation

money.cnn.com — Government official says losses in the fraud cases total about $1 billion. More than 700 people have been arrested over mortgage fraud as part of an investigation by the FBI and Justice Department that has been going on since March 1, a government official told CNN Thursday. A Press conference is scheduled for today.

Submitted By: destiney   Categories: Business, Government, Humanity

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