Tampabay.com
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NOVEMBER 15, 2007

Downtown Miami condo tower called "ground zero" for mortgage fraud

A nightmare story out of Miami about how phony buyers for a single 43-story condo project duped banks out of millions of dollars.

We've had plenty of similar fraud in the Tampa Bay area, but are there any on the scale of this 643-unit tower? I don't think so. But if you know something let me know.

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Housing market news is the focus of the (Un)Real Estate blog. It offers an inside look at the Florida housing market and real estate news, with a focus on Tampa Bay. Its goal? Simple: To help you keep a roof over your head without losing your shirt.

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