Sacramento Feds Squeeze Another Guilty Plea Out Of Real Estate Investors Suspected Of Bid Rigging At Foreclosure Sale Public Auctions
Written by Administrator on January 29th, 2012From the Office of the U.S. Attorney (Sacramento, California):[K]enneth A. Swanger, 41, of Woodland, pleaded guilty to conspiring with a group of real estate speculators who agreed not to bid against each other at certain public real estate foreclosure auctions in San Joaquin County.(1) The primary purpose of the conspiracy was to suppress and restrain competition and to obtain selected real
The Home Equity Theft Reporter
Tags: Another, Auctions, Estate, Feds, Foreclosure, Guilty, Investors, Plea, Public, Real, Rigging, Sacramento, Sale, Squeeze, Suspected