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Several insiders of a mortgage company fraudulently sold serviced loans belonging to other financial institutions and kept the proceeds. An insider modified data in the servicing system to make it appear
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36 votes
Several insiders of a mortgage company fraudulently sold serviced loans belonging to other financial institutions and kept the proceeds. An insider modified data in the servicing system to make it appear the loans were still being serviced and were current. The insider is compensated handsomely by the borrowers. This is an example of:

User Jerren Saunders
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17 votes
17 votes
Insider fraudulent felony theft.
User Morissette
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