BUSINESS

H.L. Hunt's Great Grandson Hit With Mortgage Fraud

04/07/2011 11:19 am ET | Updated Jun 06, 2011

Al G. Hill III, the first great-grandchild of legendary Texas oilman H.L. Hunt (see photo below) -- once known as the richest man in America and who died in 1974 -- has been indicted in Dallas County on several felony counts of mortgage fraud for a home improvement loan of more than $200,000.

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