POSTED: 7:38 pm MST November 28, 2006
Justin Goodman’s family says he would be alive if not for loans
DENVER — Colorado’s housing foreclosures are nearing a record, driving down prices and damaging neighborhoods and one reason is mortgage fraud.
A hit-and-run death has led 7NEWS investigator John Ferrugia on a trail to what may be a ring involved in setting up illegal immigrants with fraudulent mortgages.
Daniel Martinez-Ruiz is an illegal immigrant charged this month with using phony documents to purchase property. His wife Conception Hernandez is charged with similar crimes and is out on bail.
Topics: Illegal Aliens, Illegal Immigrant Crimes, Fraudulent Mortgages, Real Estate Fraud, Fraudulent Loans,