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Alexandria man pleads guilty to mortgage scheme

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A 61-year-old Alexandria man pleaded guilty Wednesday in federal court in Minneapolis to charges connected to a scheme to defraud mortgage lenders and others out of more than $800,000.

Dale Charles Dodge Jr. pleaded guilty to one count of wire fraud and one count of engaging in a monetary transaction with property derived from specified unlawful activity, commonly referred to as money laundering.

Dodge was indicted on September 15, 2009.

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