Georgia Real Estate Fraud

( November 2, 2013) -- A real estate investor in Georgia and his company pleaded guilty for engaging in a conspiracy to rig bids and commit mail fraud at public real estate foreclosure auctions, the Justice Department announced on October 22. Separate felony charges also were filed on September 25 in U.S. District Court for the Northern District of Georgia in Atlanta against Penguin Properties LLC, and its owner, Seth D. Lynn, for their role in the bid-rigging scheme....

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