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Housing Frauds Hit Poor in Federal Projects Scandal
Congressional investigators warn of vast, systemic housing fraud across HUD and FHA programs. About 305 defendants indicted in 1973 with 107 convictions. hearings planned on DOJ progress. Scams involve single and multi family dwellings, inflated appraisals, false borrower data, and mortgage guarantees. Names cited include HUD officials and Philly FHA chief Thomas Gallagher Jr., with investigations widening to other cities.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
House Government Operations Committee
Philadelphia
Detroit
Chicago
Newark
N.J
Brooklyn
N.Y
Department of Housing and Urban Development
HUD
Department
U.S
Federal Housing Administration
FHA
Thomas J. Gallagher JR
Justice
James T. Lynn