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Man pleads guilty to $12.6 million mortgage fraud scheme

A Raymore man pleaded guilty in federal court Friday to his role in a $12.6 million mortgage fraud scheme, the U.S. Attorney's Office in Kansas City said. The scheme involved 25 upscale residential properties in Lee's Summit and Raymore. Jerry R. Emerick, 39, owns and operates Ty Construction and Residential Contracting, which built the homes. Emerick was ...