A federal superseding indictment charged nine additional defendants with racketeering, investment fraud, mortgage fraud, bank bribery and money laundering. This latest round of criminal charges resulting from Operation Wax House, a mortgage fraud investigation which began in the Western District of North Carolina in 2007, brings the total number of defendants charged to date to 92, of which 66 have pleaded guilty.
Archives For Racketeering
James Darrell Ober, 43, Hudson, Wisconsin, pleaded guilty to one count of racketeering in connection with a mortgage fraud scheme that involved dozens of properties and millions of dollars in Federal Housing Administration-insured mortgages.
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