Federal prosecutors say three men ran a multi-state scheme that hunted vacant, unencumbered properties, forged the owners into existence on paper, and sold the land to buyers who never knew the sellers were ghosts. One Concord family drove out to check on a lot and found a house sitting on it.
Phillip Collins of Robeson County, North Carolina pleaded guilty on June 29 to wire fraud conspiracy in a COVID-era SBA loan scheme. The pattern is small, ordinary, and still running through other names.
By Mark Tell · Jun 29
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