Two Oklahoma Mortgage Brokers Guilty of Fraud

MUSKOGEE, OK — Two Oklahoma mortgage brokers pleaded guilty Tuesday to conspiracy to commit wire fraud in what the feds say was a mortgage scam involving 40 area homes and more than $11 million.

Ayo Olaniyan, 33, of Tulsa, and 38-year-old Gaile Cates of Coweta, entered their plea in federal court in Muskogee.

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