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Resource ID: #8640
Subject: Real Estate
Source: Oregonian (Portland, Ore.)
Affiliation: 
Date: 

Description

The Oregonian (Portland) outlines how a cadre of real estate dealers artificially manipulated property prices by buying property cheap and selling it to straw buyers at a very high price, then arranging a bank loan based on the higher price; shows how drug dealers use the real estate scheme to launder money, May 10 - 12, 1992.

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