Maxwell alumna Phaedra Stewart ’91 finds it difficult to look at the world without seeing opportunities to connect with people, raise their spirits and empower them to make their lives better. A self-described serial entrepreneur (some might say a serial…
TRAC: South Florida leads nation in mortgage fraud prosecutions
The government’s criminal enforcement efforts to combat mortgage fraud during the last few years have been focused sharply on swindlers operating in a handful of the nation’s federal judicial districts, according to timely Justice Department records obtained by the Transactional Records Access Clearinghouse (TRAC).
The data show that during fiscal years 2008, 2009 and 2010, and the first three months of fiscal year 2011, just over half of federal mortgage fraud prosecutions—1,038 out of a total of 2,015 nationally—were filed in only 10 of the nation’s 90-plus districts. The districts with the largest number of such filings relative to their population in this period are Southern Florida, Nevada, Western Pennsylvania, Southern New York, Southern California, Eastern Texas, Connecticut, Eastern Michigan, Eastern California and Middle Florida.
To read the full report, visit: http://trac.syr.edu/tracreports/crim/248/.
TRAC is a data gathering, data research and data distribution organization at Syracuse University. The purpose of TRAC is to provide the American people—and institutions of oversight such as Congress, news organizations, public interest groups, businesses, scholars and lawyers—with comprehensive information about staffing, spending and enforcement activities of the federal government.