More Fraud

[gfarnsworth (Gary Farnsworth, CMI)]

http://www.foxnews.com/us/2011/08/04/exclusive-13-charged-in-60-million-mortgage-fraud-scheme/?test=latestnews

New York and Florida. Involves attorneys, appraisers, etc. etc.

[wquraishi (Waqar Quraishi)]

The losses are covered by Insurance companies. Investors win.