Form Of Real Estate Fraud Known As Flipping

Form of real estate fraud known as flipping : hearing before a subcommittee of the Committee on Appropriations, United States Senate, One Hundred Sixth Congress, second session, special hearing, March 27, 2000, Baltimore, MD.

Hearing on the criminal real estate practice called flipping, where the poor are gouged by scam artists, and taxpayers are defrauded by the gaming of the system, therefore causing taxpayers to pick up FHA loans, and neighborhoods are destroyed. Witnesses: C. Adams and D. Simon, victims of flipping; K. Strong, SE Comm. Org.; E. Rutkowski, Patterson Park Comm. Dev't. Corp.; N. Washington and M. Wonson, ACORN; V. Quayle, St. Ambrose Hous. Aid Ctr.; L. Battaglia, U.S. Att. for MD; R. Mosquera, FBI; J. Rowan, Jr., Postal Inspect. Serv.; C. Krysiak, M. McIntosh, and S. Rosenberg, MD House of Del.; and state. by: Greater Balt. Brd. of Realtors and of E. Skolnick, Nat. Comm. Reinvest. Coalition.

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