Pa. Mortgage Co. Owner Charged With $13M Fraud Scheme

By Alex Wolf (July 15, 2016, 10:37 PM EDT) -- A Philadelphia-area title and mortgage company owner was hit with charges in an indictment unsealed Friday in Pennsylvania federal court that accuses him of defrauding several banks out of almost $13 million and engaging in a Ponzi scheme to fund his extravagant lifestyle....

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