LAPD arrests 11 in sprawling $17 million mortgage fraud scheme targeting seniors

Los Angeles police have arrested 11 people in what detectives describe as an elaborate mortgage fraud ring that targeted elderly homeowners and netted roughly $17 million over several years. The investigation, dubbed “Operation Hard Money,” began in 2022 with a $5.7 million fraudulent loan, authorities said. The suspects allegedly stole a victim's personal information, created [...]