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Developer Admits Role in Illegal Flipping Scheme

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Joseph Daniele, 42, Tampa, Florida, pleaded guilty to conspiracy to commit wire fraud affecting a financial institution. Daniele faces a maximum penalty of thirty years in federal prison. Daniele’s three co-conspirators, also real estate professionals, previously pleaded guilty for their roles in the conspiracy. Misty Rudd, a real estate agent, Michael Jordan, a mortgage broker, [...]

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