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Scam Victims

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It's not just anonymous, ordinary folks who fall victim to real estate scams. It's also city council members! Former City Councilman Dr. Kendall Stewart was among those hit by a loan modification scam in which they were solicited for up-front fees to process loan modifications and avoid foreclosure. Eighteen people were recently arrested by the Mortgage Fraud and Real Estate Crimes Unit for similar scams. Politicians: they're just like us. [NYP]