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Resource ID: #5117
Subject: Fraud
Source: Union (Sacramento, Calif.)
Affiliation: 
Date: July 12 - 15, 1987; September 13, 1987; December 28, 1987

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Description

Sacramento Union finds a fraudulent mortgage company that bilked thousands of Californians out of millions of dollars; company collapsed in 1982 but a new one started run by same family; finds state regulatory apparatus inadequate to prevent such schemes, July-December 1987.

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