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Mortgage Fraud Investigation Reveals Embezzlement
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November 20, 2008
A Michigan woman is facing 17 felony charges after an alleged $20 million mortgage scam revealed her participation and alleged embezzlement. She has not been federally indicted, however, as part of the state’s investigation, her license has been revoked and a civil lawsuit judgment was filed against her.
Melissa Bosek, 32, allegedly stole over $2 million from Bell Title, a company that she had owned and sold, but remained as an employee thereafter.
The mortgage fraud investigation involving Kurt Heintz and 70 properties in the Grand Blanc area revealed in an audit that Bosek had transferred $400,000 into her own company account.
If convicted on charges of racketeering, embezzlement, using a computer to commit a crime and uttering and publishing, Bosek faces up to 20 years in prison.
Read story at The Flint Journal
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