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« In Appraisal Shift (HVCC), Lenders Gain Power and Critics | Main | The Victim Who Wasn't There Investors, mortgage fraud may complicate Baltimore's suit against Wells Fargo »
Monday
Jul202009

Riley: agent at the center of $30 million in defaults

The following article by By Michael Braga & Chris Davis is taken from Sarasota Herald Tribune

Just a few years ago, Mark P. Riley was a rich man. On the back of the real estate boom, he earned enough money to buy a $2 million home in Lakewood Ranch. He and his life partner shared a fleet of luxury cars, including a $300,000 Mercedes Maybach with recliner rear seats and a built-in champagne refrigerator.

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