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Scheme Leads to Shut Down
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November 26, 2008
The State of Illinois has closed the doors of two mortgage companies, revoked the registration of two loan originators and filed charges against two others who are allegedly involved in a mortgage fraud scheme.
Envision Lending Group, Gateway Mortgage Group, Arthur Pascu and Pawel Janowicz have had their licenses revoked. Charges have been filed against Peter Petrovich, an appraiser, and LMB Properties LLC.
Read story at Chicago Tribune
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