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July 01, 2009 | Joe Gross | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

6 indicted in mortgage-fraud cases

The New Jersey Attorney General’s Office announced the indictments of six people yesterday in three separate mortgage-fraud cases.

Yu Jane Chen, 42, whose last known address was in Philadelphia, and Yi Feng Reid, 48, of Closter, N.J., are accused of using stolen identities to obtain more than $1 million in unauthorized mortgages, lines of credit, and credit cards.

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