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Real estate scheme dupes straw buyers

A three-month investigation by examined a real estate scheme involving three condo projects. According to the article written by Kelly Bennett and Will Carless, “The buyers were straw buyers, individuals who agreed to rent out their identities and good credit scores to a Bay Area man named Jim McConville, whose team obtained mortgages in their names but didn't follow through on their promise to make the payments.”

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   |   Privacy Policy
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