Edina Mortgage Broker Pleads Guilty to $20M Scam

admin —  August 12, 2011 — Leave a comment

An Edina mortgage broker has pleaded guilty to fraud involving $20 million and 57 properties, according to the US Attorney’s office in Minneapolis. Derrick Ivan Lance, 40, had been charged with one count of fraud July 22. He faces 20 years in prison, …Mortgage Broker Pleads Guilty in $20 Million Mortgage Fraud Scheme RealEstateRama (press release)all 3 news articles »

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Source: Bizjournals.com


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