Guilty Pleas in California Bid Rigging Scam

Don't get caught conspiring with anyone to not bid against each other at foreclosure auctions.  It could prove to be very costly, indeed.

Eight Bay Area real estate investors have agreed to plead guilty for their parts in two conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Alameda and Contra Costa counties, the Department of Justice announced Thursday.

Read more about the guilty pleas for conspiracy at foreclosure auctions.

About rereno

Real estate investor
This entry was posted in Foreclosure, Fraud, Real Estate and tagged , , . Bookmark the permalink.

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