Men Get Prison, House Arrest In $3.5M Home Equity Loan Plot

By Bill Wichert (September 13, 2018, 10:12 PM EDT) -- A New Jersey federal judge on Thursday slapped one man with prison and another with home confinement for their roles in a $3.5 million "shotgunning" scheme to use bogus information on simultaneous applications with multiple banks to secure home equity lines of credit....

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