From the FBI’s website

March 2007: Fairfield Lawyer Sentenced To Five Years In Federal
Prison For Bank Fraud

October 2006: Middletown Lawyer Sentenced To 30 Months For Stealing From ClientsJune 21, 2006: Greenwich Lawyer Pleads Guilty To Defauding Clients and Investors

 

FBI 2006 Mortgage Fraud Report

From the FBI 2006 Financial Crimes Report To The Public:

“Each Mortgage Fraud scheme contains some type of “material misstatement, misrepresentation, or omission relating to the property or potential mortgage relied on by an underwriter or lender to fund, purchase or insure a loan.”