Auction bid rigging

(January 2, 2014) -- The Justice Department recently snared its 39th and 40th guilty pleas (or agreements to plead guilty) from individuals involved in bid rigging and fraud at public real estate foreclosure auctions in Northern California. The most recent pleas, by Florence Fung of Sacramento, Cal., and Michael Navone of San Rafael, Cal., followed the government’s filing of felony charges in U.S. District Court for the Northern District of California, on December 17....

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