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DOJ: Bid Rigging at Auctions: The Achilles Heal of the Securitization Scam

27 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Click Now to Consult with Neil Garfield NOTE: For Legal Representation in Florida,  Ohio and California, please call our customer service number 520-405-1688 Editor’s Comment and Opinion: Frankly I think bid rigging is the rule rather than the exception. The number of “investors” popping up and buying these properties at auction, and the question of …

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Rigging the Bids at Foreclosure Sales

37 Comments / bubble, CASES, CDO, Corruption, currency, Eviction, expert witness, Fannie MAe, foreclosure, foreclosure mill, Forensic Analysis Workshop, GTC | Honor, HERS, Investor, Modification, Mortgage, Motion Practice and Discovery, Obama, securities fraud, Securitization Survey, Servicer, Statutes, workshop / By

From Dan Edstrom: Department of Justice Press Release For Immediate Release April 16, 2010 United States Attorney’s Office Eastern District of California Contact: (916) 554-2700 Stockton Real Estate Executive Pleads Guilty to Bid Rigging at Auctions of Foreclosed Properties SACRAMENTO, CA—United States Attorney Benjamin B. Wagner and Assistant Attorney General Christine Varney of the Department …

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