Posts Tagged housing market

Ten California Real Estate Investors Face Sentencing for Bid-Rigging Scandal

Cinnaminson, NJ-  Ten California men have been exposed for their role in a large scale bid-rigging racket revolving around foreclosed home auctions.  All of the real estate investors have been sentenced to pay restitution fees ranging from $5,000 to $1 million while seven of the men face imprisonment.

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