MINNEAPOLIS (Source SC Times) — A St. Cloud real estate agent and a Maple Grove real estate appraiser have been indicted in connection with a $1.8 million mortgage fraud scheme.Jesse Scott Hoffman, 32, of St. Cloud and Ryan Daryl Krutzig, 31, of Maple Grove were indicted Wednesday in federal court in Minneapolis. The scheme involved 28 properties, according to a news release.

Both were charged with five counts of wire fraud. Krutzig was also charged with four counts of mail fraud and two counts of money laundering.

Source: SC Times

5:23 AM, Jun. 17, 2011

To read more, click on this link