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Real Estate Investor Sentenced to 12 Months in Prison for Rigging Bids at Northern California Public Foreclosure Auctions

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A real estate investor was sentenced today for his role in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Ramin Rad “Ray” Yeganeh was charged on June 25, 2015, in an indictment returned by a federal grand jury in the Northern District of California.

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