After burning through those bucks, Kaup ran another scam through ALF that targeted homeowners into paying to refinance their homes at below-market rates.
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2.
If you were solicited by Kaup to invest in Lunden Investments, you were likely told that your funds would be used for commercial lending.
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3.
On April 9, 2012, Kaup pled guilty to two counts of wire fraud and was scheduled to be sentenced in federal court in Los Angeles on December 17, 2012.
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