FRAUDS: Justice at Rio Rancho

In a commercial aired on New York City radio stations, a bank uses a skit to encourage listeners to put their money in savings accounts. In the sketch, a wife berates her husband as they stand in the midst of a barren desert. "You honestly believed you could resell this land at a profit?" she groans. "There's only one person in the world who'd buy it, and you already have." In fact, thousands of others have bought such desolate plots. According to an indictment handed down by a federal grand jury last week,...

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