The FBI, Fraud, and a $50M Scam That Rocked Real Estate
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The FBI, Fraud, and a $50M Scam That Rocked Real Estate
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In this jaw-dropping episode of Mortgage Nightmares, hosts Ricky Nava and Clay Murray uncover one of the most shocking real estate scams in recent history—a $50 million mortgage fraud scheme that landed an escrow officer and her real estate agent husband in federal prison.
From falsifying income documents to pocketing millions, this duo’s greed knew no bounds. But when the FBI got involved, their empire of lies came crashing down. Tune in as Ricky and Clay break down the scandal, explain how it happened during the Wild West days of pre-2008 mortgages, and share crucial tips to help you avoid falling victim to fraud in today’s market.
Whether you’re a first-time homebuyer or a seasoned investor, this episode is packed with eye-opening insights and cautionary tales you won’t want to miss.
👉 Subscribe to Mortgage Nightmares for more real-life homebuying horror stories and expert advice to help you navigate the real estate market with confidence.
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