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Detroiters Indicted in FHA Home Improvement Probe
Detroit and Dearborn residents face federal charges in a sweeping FHA loan inquiry. Indictments total 18 with counts of conspiracy and false statements. Loans involved amount to 13 725 dollars. several cases allege kickbacks and improper loan approvals. Indictments linked to broader Senate Banking Committee hearings, with potential charges against up to 100 more.
MENTIONED IN THIS ARTICLE
U.S
Senate Banking Committee
Testi
Detroit
Senate Committee
Senator Capehart
Rind
Maryland
Dearborn
Orrin C. Jones
U. S
Grand Jury
Jack Chisik
Wallace F. Helies
William R. Shepherd
Industrial National Bank of Detroit
Capehart
Chisik
Helies
Doris M
Industtrial National
Shepherd
Ruth Stokes Steele
John D. Redmond
Mildred
Redmonds
Redmond
Senate
Steele
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