Trial Starts in Alabama ‘Silent Seconds’ Scam

Alabama prosecutors opened a trial this week against a woman accused of helping her brother run a sophisticated fraud that helped obtain millions of dollars in fraudulent mortgages from First Educators Credit Union in Birmingham and other lenders to finance condominium rehabs at the Gulf Shores resorts.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_498/trial-silent-seconds-scam-1027908-1.html

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