Second Person Indicted in Scam to Bilk Mortgage Brokers out of Millions

April 26, 2010 – (RealEstateRama) — Troy David Chaika, age 43, has been indicted by a federal grand jury in Minneapolis for conspiring with others to bilk mortgage lenders out of more than $43 million by making materially false representations and concealing material information. The indictment, originally filed in U.S. District Court on April 12, was unsealed today following Chaika’s initial appearance in federal court. Specific charges include seven counts of wire fraud, three counts of mail fraud, one count of conspiracy to commit wire fraud and mail fraud


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