WASHINGTON, D.C. – July 19, 2013 – (RealEstateRama) — Michigan Attorney General Bill Schuette today announced the arrest of Eric Lamarr Drake, 37, of Detroit, for allegedly operating a fraudulent mortgage banking business under false pretenses by promising mortgage services, retaining clients’ money and never delivering refunds to those clients. The charges follow an investigation by the Attorney General’s Corporate Oversight Division.
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