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Criminal

Jul. 28, 2011

Unlicensed real estate agent pleads guilty to bribery charges

An unlicensed real estate agent pleaded guilty Monday in Los Angeles federal court to bribery charges for offering to pay thousands of dollars to an undercover FBI agent he believed was a Bank of America employee.

By Anna Scott

Daily Journal Staff Writer

An unlicensed real estate agent pleaded guilty Monday in Los Angeles federal court to bribery charges for offering to pay thousands of dollars to an undercover FBI agent he believed was a Bank of America employee. That payment was in exchange for shortened approval times and lower appraisal values in short-sale transactions, according to the U.S. attorney's office for the Central District.

Richard Pilewicz offered the under...

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