Real estate investors plead guilty to bid rigging
by Associated Press Published: December 14,2012
Tags: acquire, bench, bid, buy, court, crime, criminal, fraud, guilty, home, house, judge, judicial, judiciary, justice, mail fraud, plea, plead, purchase, real estate, residence, residentiasl, sale, sell, sentence
LAUREL — Two real estate investors have pleaded guilty to bid rigging and mail fraud in a scheme to artificially lower prices of auctioned homes in Alabama. U.S. Department of Justice officials say Robert M. Brannon, of Laurel, and his son Jason Brannon, of Mobile, Ala., conspired with others to avoid bidding against each other [...] [...]
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