- Associated Press - Wednesday, July 16, 2014

SALT LAKE CITY (AP) - Authorities say a Utah man used the identity of a former business associate to secure a $3.75 million dollar real estate loan.

Orem police Lt. Craig Martinez tells the Salt Lake Tribune (https://bit.ly/1zGUAM7 ) the 34-year-old Joseph Freed posted $20,000 bail earlier this month and has been released from Utah County Jail.

He was booked on suspicion of real estate fraud, forgery and using false identification.

Martinez says the title company on July 7 called police, saying a company check revealed he hadn’t been trying to buy a supposed 72 acres in Riverton.

Detectives say the alleged fraud victim identified Freed as a former associate who could have obtained his personal information.

Police arrested Freed at the company on July 9. Court records indicate he has not been formally charged.

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Information from: The Salt Lake Tribune, https://www.sltrib.com


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