Inflated appraisals in Utah

[Bob Ipock]

http://www.sltrib.com/sltrib/money/53432047-79/indictment-louder-million-charges.html.csp

 

[jallen5521]

1234567890

 

[Bob Ipock]

Link not work in for some reason.

Portia Louder commissioned appraisals on properties even though she often was not listed as the purchaser or the seller, paying as much as $5,000 for an appraisal even though the average costs was around $500 or about $1,500 for a high-end home, according to the indictment. From 2006 through 2007, the indictment alleges she paid about $380,000 to appraisers.

 

[Pittsburgh Pete]

Now there's a crook that paid above and beyond C&R. Good work if you can get it and avoid indictment!

 

[Mike Kennedy]

The Salt Lake Tribune
http://www.sltrib.com/sltrib/money/53432047-79/indictment-louder-million-charges.html.csp

google it. the link above does not work either.

 

[kimcha]

I'm not sure the link will work, but here is where it is found in the Salt Lake Tribune.

http://www.sltrib.com/sltrib/money/53432047-79/indictment-louder-million-charges.html.csp

I don't really know anything about the case, but I think it is an older one. It would be interesting to know who the appraisers were, that were in the Louder's pocket.

 

[Dan Umstead]

http://www.justice.gov/usao/ut/press/releases/Utah County couple charged in mortgage fraud case.pdf