The Youngstown Mortgage Fraud Task Force and the U.S. Attorney for the Northern District of Ohio are investigating a $7.5 million mortgage fraud scheme involving 48 properties in Mahoning and Trumbull counties.
The U.S. Attorney’s office indicted seven people, five of whom are from the Valley, Tuesday in connection with the scheme.
The indictment charges one count of conspiracy to commit wire fraud and 48 counts of wire fraud, which is one count for each property.
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