Thursday, June 30, 2011 at 11:00 pm (Updated: June 30, 11:59 pm)
Mortgage fraud schemes continue to be a major problem in communities across the nation, and combating them is one of the Department of Justice’s highest priorities.
U.S. Attorney Bill Killian said the Eastern District of Tennessee is averaging one mortgage fraud case per month.
Total losses estimated by all the mortgage fraud cases currently being prosecuted by the U.S. Attorney’s Office are in the tens of millions of dollars.
Assistant U.S. attorneys have been active in pursuing the prosecution of these cases.
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