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Wednesday, February 2, 2011

The Fall of the Foreclosure Mill King

A Florida lawyer who founded a notorious foreclosure mill is proving to have been a bad investment for investors in an affiliated back-office business, according to this report

The somewhat eponymous DJSP Enterprises was a publicly-traded, and SEC reporting, company for a brief time after "going public" in 2008 as a special purpose acquisition company ("SPAC").  SPACs have come under significant regulatory scrutiny in past years.

 

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