Investors Made Millions from People Facing Eviction ‘Crime of Greed’ Deprived Local Governments of Revenue, Prosecutors Allege http://www.commondreams.org/headline/2010/05/18-1
A six-year conspiracy by veteran real estate investors to rig bids and stifle competition at tax sale auctions made two chief organizers at least $10 million, largely from fees homeowners paid to keep from losing their properties, according to federal prosecutors.
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