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Loan Modification

: Loan Modification & Home Loan News

Feds Bust Mortgage Fraud Fugitive in Florida

By Moe Bedard

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Nearly three years after Michael Anthony Prieskorn disappeared, he was arrested Tuesday in Florida and accused of orchestrating one of Minnesota’s largest mortgage frauds. Authorities said Prieskorn, 35, received more than $5 million from investors who bought some 70 homes in Minnesota and Florida. In an indictment unsealed Tuesday, Prieskorn and Richard Mathew Laho, 54, of Buffalo, [...]

Full post as published by Loan Modification & Home Loan News on January 27, 2010 (boomark / email).

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