5 Real Estate Investors Indicted For Fraud, Bid Rigging At East Bay Foreclosure AuctionsDeputy Assistant Attorney General Brent Snyder referred to the brokers as "an elite group conspiring together for their own profit."
Real Estate Speculators Plea Guilty To Bid-Rigging Bay Area Foreclosure Auctions More than four dozen real estate speculators and two companies have been charged with illegally fixing foreclosure auctions in three states by bid-rigging. Several were operating in the Bay Area.

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