loan misrepresentation

2 Men Plead Guilty to Mortgage Fraud Scheme

October 05, 2009 13:43

Ricky Dean Unruh, 43, Wichita, Kansas, and Steven Ray Spencer, 48, Carl Junction, Missouri, pleaded guilty in federal court to their roles in a $1.2 million mortgage fraud scheme. The mortgage fraud schemes involved a total of 20 houses with home mortgage loans ranging from approximately...