InnoVest's Foreclosure Forum
Ward takes the stairs.

InnoVest Resource Management's

Foreclosure Forum


Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule


Foreclosure Fundamentals

Code References

Recent Legislation

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

75+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan



Contact / Map | Priceline Tips

About Us



Innovest Resource Management BBB Business Review

FEDS After Bid Chilling

May 09, 2012 03:31PM

Bid Chilling is a violation of the Sherman Anti-Trust Act and has now getting a lot of Federal Attention.

Recently in Mobile, AL a company was fined $250,000 and ordered to pay restitution for fixing foreclosure auctions. The company owner and his partner both plead guilty and face up to six months in jail in additon to the fines and restitution.

Additionally a third investor plead guilty and was fined $,5000 and ordered to pay $21,334 in restitution.
Subject Author Views Posted

FEDS After Bid Chilling

Bill H 2345 May 09, 2012 03:31PM

Sorry, only registered users may post in this forum.

Click here to login

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2018, InnoVest Resource Management

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455