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Former reverse mortgage loan officer faces fraud charges

posted 165 weeks ago on Reverse Mortgage Loan Blog

A former senior loan officer at reverse mortgage lender World Alliance Financial Corp. in Troy faces charges of wire fraud and theft of trade secrets, in a federal indictment unsealed Monday at U.S. District Court in Detroit. Bruce Jarrad, 37, of Royal Oak, is accused of taking customer leads and related data on prospective borrowers for [...]a Former reverse mortgage loan officer faces fraud charges
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