WHITE PLAINS, NY (Source: WCBS 880) – Former North Castle Republican chairwoman Loronda Murphy has been indicted for mortgage fraud.

Westchester County District Attorney Janet DiFiore says Murphy, along with her business partner Scott Forcino, ran a mortage closing company called Settle One Corporation that was actually a home mortage fraud Ponzi scheme.

Source: WCBS 880

August 19, 2011 9:35 AM

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