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A Florida loan broker has been arrested for allegedly collecting advance fees on a pledge to secure mortgage loans that never materialized. So reports The Business Observer.
Sammie Sue Doss, who ran a mortgage broker business in Fort Myers, was charged with grand theft, fraudulent use of personal identifying information and a breach of state loan broker laws, according to Florida's Office of Financial Regulation.
Doss pleaded no contest in 2011 to a charge of a similar advance fee for loan scam.
