Daley Blames - Who Else? - The Media For Oprah-geddon
Chicago Gets Googled
Friday Flashback - Old School Oprah
Today's Transgender Day of Remembrance Honors the Dead
Review: Paramount Room
The feds arrested 67 people in Chicago today for mortgage fraud. "Operation Malicious Mortgage" is trying to bust people who cost borrowers around $1 billion, according to the Justice Department. More than 400 people have been arrested nationally in 144 fraud cases, and locally, 33 people have been charged in two related schemes that involved $111 million in fraudulent loans.
Authorities targeted three growing scams: lending fraud involving false loan applications and bogus real estate appraisals; foreclosure rescue scams where financially strapped homeowners lose ownership of their properties to criminals; and mortgage-related bankruptcy fraud.
US Attorney Patrick Fitzgerald said in a statement that "mortgage fraud inflicts serious damage upon financial institutions but, more importantly, makes life more difficult for ordinary citizens." Hm, busy week for Fitzgerald. [Trib, Crain's]
add to stumble upon
add to reddit
tweet this
post to facebook
Man when ever Peaches, Pookie or Jamal do something you get 5,0000 Chicagoist comments all out raged and such.
But some Rich white dudes pull yet another scam that brings the country closer to ruin and there is very little outrage demonstrated around these parts.
I say hang em high!
Hummm, I think I'm gonna get a shirt that says Fitzgerald for President. I might wear if almost as often as I will my Chicagoist Commentator of the Month shirt for the Month of July!