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Mortgage Embezzlement Legal Actions Third Quarter 2008 Mortgage Litigation Report

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                                                 December 1, 2008
Defendant
Plaintiff
Court
Amount
Overview
 Case Title
Case Number
 Date Filed Link to StoryLink to Story
Mark Turkcan United States of America U.S. District Court for the Eastern District of Missouri $35 million Mark Turkcan, former president of First Bank Mortgage, was indicted for allegedly hiding loans and losses, a joint statement from the U.S. Department of Justice and Federal Bureau of Investigation said. The deceit caused the St. Louis-based company to pay more than $35 million in loans, interest, commissions and other fees to Bear Stearns. United States v. Turkcan na July 10, 2008 www.mortgagedaily.com/FraudFirstBanks071108.asp

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