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.
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67 Arrested In Mortgage Fraud Sweep
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