| Home
Grand jury indicts alleged mortgage fraudsters
Bangladesh News.Net
Saturday 21st November, 2009
A federal grand jury in Eugene, Oregon has indicted 13 people on mortgage and loan fraud charges.
The charges, arising from the collapse of a central Oregon development company, have allegedly caused financial institutions to lose $19 million.
Prosecutors have accused principals of Desert Sun Development of taking construction financing for commercial buildings that were never built.
It is alleged that, as part of the scheme, the defendants claimed in falsely filed reports that construction was already under way when it was not.
Thirteen defendants are scheduled to appear in court on December 16th.  Email this story to a friend
Have your say on this story
|
 |
 |
- Should have been consulted before Hasina's India visit: Zia
Dhaka, Feb 8 (IANS) Bangladesh's opposition leader Khaleda Zia Monday criticised Prime Minister Sheikh Hasina for not consulting her before visiting India in December and termed as a 'sell-out' the accords signed with the neighbouring country. [read story]
- Gold for Indian boxers, women's football and men spikers
Dhaka, Feb 8 (IANS) Indian boxers, and women's soccer and men's volleyball teams won gold medals in the ongoing 11th South Asian Games here Monday. [read story]
- Bangladesh culls 13,000 chickens after bird flu outbreak
Dhaka, Feb 8 (IANS) Bangladesh has culled about 13,000 chickens after fresh outbreak of bird flu in the country last month, officials said Monday. [read story]
- UK student visa system rife with cheats, says Bangladeshi migrant
London, Feb.8 : Britain's student visa system has been denounced as rife with "cheating and deception" by a teacher who has experienced the process from within. [read story]
- New Zealand win second ODI, series against Bangladesh
Dunedin (New Zealand), Feb.8 : New Zealand beat Bangladesh in the second one-day international at the University Oval here by five wickets, thanks to a blistering knock of 78 by middle-order batsman Ross Taylor. [read story]
|
|
 |
 |
|
|
