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by bobhaigler
3694 days ago
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It's not the best reporting, but from what I can tell, the FBI is collecting evidence against auction bidders who allegedly conspire to pay less for foreclosed real-estate. The auctions take place on the courthouse steps, and the bidders have been accused of working together to keep prices low by intimidating some bidders and conspiring with others. I'd love to see the auctions moved to a website marketplace. Maybe a good startup idea? |
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