Woman Indicted for Alleged Mortgage Elimination Scheme

Linda Sadr, 51, Manassas, Va., has been indicited by a federal grand jury for her alleged involvement in a "mortgage elimination" scheme that caused more than $10 million in losses. According to the federal indictment, from 2004 through 2008, Sadr is accused of marketing a scheme known as a "Mortgage Elimination Program." Sadr allegedly falsely represented to potential homeowner clients that lenders were acting illegally with regard to refinanced mortgages and … Read More…

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