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Real Estate/Development

Feb. 5, 2010

Prosecutors Nab Small Target

The mortgage fraud task force of the U.S. Attorney's office won its first case in a Northern District federal trial, but some wonder if it's going after a big enough target.

By Rebecca Beyer

Daily Journal Staff Writer

SAN FRANCISCO - Faced with the task of defending a homeowner accused of scamming banks out of $6.5 million in mortgages, Jones Day partner Martha Boersch told a federal jury in closing arguments earlier this week that the lenders themselves were partially responsible for the fraud.

Boersch's argument didn't help her client. The jury found Judy Yeung guilty on all 12 counts Tue...

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