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Realtor, wife accused of massive loan fraud


By Patrick   Follow   Wed, 22 Feb 2012, 12:02pm PST   555 views   2 comments
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http://www.ktla.com/news/landing/kswb-mira-mesa-realtor-eric-elegato-wife-accused-of-massive-loan-fraud-20120221,0,4019284.story

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bgamall4   Wed, 22 Feb 2012, 12:38pm PST   Share   Quote   Permalink   Like   Dislike     Comment 1

Now all they have to get is the Basel 2 committee in 1998 allowing off balance sheet accounting of toxic loans that would enter the system circa 2003. Now that was the mother of all loan fraud.

FunTime   Thu, 23 Feb 2012, 3:05am PST   Share   Quote   Permalink   Like   Dislike (1)     Comment 2

Wow, they took their own parents into the deal?!

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