Man charged in mortgage fraud set for sentencing
May 6, 2013 in The Dickinson Press
BISMARCK Sentencing is set for one of four people charged in the case of a defunct Arizona mortgage lender accused of swindling Bismarck-based BNC National Bank out of about $27 million. Continue Reading
The money underwriting it all, he claims, is not coming from a healthy, stable economy but from the Federal Reserve’s “egregious flood of phony money” that has “expanded [the Fed's] balance sheet six-fold, to $3.2 trillion from $500 billion,” since the year 2000.
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