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U.S. Department of Justice: Alabama real estate investors agree to plead guilty to conspiracy to rig bids for the purchase of real estate at public foreclosure auctions

( September 15, 2011, 23:21 GMT | Official Statement) -- MLex Summary: Two Alabama real estate investors and one real estate investment firm agreed to plead guilty Thursday for conspiring to rig bids at public foreclosure auctions, according to the Department of Justice. Three separate charges were filed in Alabama federal court against Allen K. French, M & B Builders LLC and its co-owner, Harold H. Buchman.Statement follows in full:...

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