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Real Estate/Development

Jun. 26, 2010

Jury: Title Companies Aided in Scam

A San Diego jury ordered two title companies to pay several investors nearly $7 million in damages after finding some of the firm employees helped a financial planner file fraudulent paperwork in a $30 million real estate scam.

By Jason W. Armstrong

Daily Journal Staff Writer

A San Diego jury ordered two title companies to pay several investors nearly $7 million in damages after finding some employees facilitated a $30 million real estate scam.

After a four-and-a-half month trial in front of Judge Joan M. Lewis, the jury ordered Chicago Title Corp. and Chicago Title Insurance Tuesday to pay $5.7 million in punitive damages. The jury also ordered the t...

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