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Loan Modification

: Flipping Frenzy

Former Marco businessman pleads to federal mortgage fraud charge

By Ralph Roberts

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Douglas Lee Carter Sr. has been linked to $30 million in mortgage foreclosures since the 1980s A Marco Island businessman arrested on state and federal charges involving numerous shady mortgage deals was sentenced today to 2½ years in a federal prison for mortgage fraud. U.S. District Judge John Steele also ordered Douglas Lee Carter Sr., 64, to [...]

Full post as published by Flipping Frenzy on July 15, 2010 (boomark / email).

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