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Michael L. Ross, the man behind Roane County’s Rarity Ridge and several other high-end developments in East Tennessee, was indicted on 28 counts in U.S. District Court last week.
He faces one count of mail fraud, 12 counts of wire fraud and 15 counts of money laundering.
According to the indictment, from December 2006 to December 2009, Ross devised a scheme to defraud people who bought real estate for his business.
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