Tuesday Nov 3 | Posted by: roboblogger
10 accused by Feds of mortgage fraud at Puerto Rico coastal resort
SAN JUAN, Puerto Rico - A developer and nine other people, including a former salsa singer, have been charged in an alleged $14 million mortgage fraud in Puerto Rico, federal officials said Tuesday.
The suspects are accused of a scheme in which buyers allegedly took out loans using fake documents overstating the value of a dozen Spanish-style mansions in the ritzy Palmas del Mar coastal resort community in Humacao, in southeastern Puerto Rico.
A federal indictment charges developer Joseph McCloskey Diaz split the difference with the buyers, the loans went unpaid and the properties passed into foreclosure.
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Not to worry, if the charges stick, which they should, there will be three hots and a cot ,waiting at our beautiful and spacious federal "HILTON" prison facility for all of those scum bag felons. Deal with it.
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Judge it!
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Daily Horoscope for November 27
Aquarius
Good vibes exist between you and your associates now, so take this opportunity to discuss your ideas with your peers. Relationships with friends, neighbours, and siblings are also benefited by today's aspects, so reach out to them through the telephone or e-mail. Get involved with groups who are working towards improving the community. Teamwork is favoured today.
