Archives For Foreclosure Rescue

15 states filed lawsuits on mortgage scam operations in coordination with the joint federal-state sweep by the Consumer Financial Protection Bureau and the Federal Trade Commission. The lawsuits target scam operations that prey on delinquent homeowners or those facing foreclosure.

Continue Reading…

Terrill “Terry” Meisinger, 74, Seal Beach, California, is scheduled to be arraigned on federal fraud charges related to a mortgage rescue scheme in which he made false promises to the distressed homeowner, filed fraudulent bankruptcies to delay foreclosure and rented the property to third parties as the foreclosure proceedings were delayed.

Continue Reading…

Barry Stephen Zornberg, 54, Hauppauge, New York, pleaded guilty at the federal courthouse in Central Islip, New York, to lying to federal investigators about his role in a million-dollar foreclosure rescue fraud scheme. The scheme ensnared at least 10 families, defrauding them of approximately $1.3 million in home equity and caused some of them to lose their homes.

Continue Reading…

Randy Poulson, 42, Woolwich Township, New Jersey, the owner and operator of Equity Capital Investments LLC, is charged with allegedly scamming distressed homeowners into giving him their houses and then soliciting fake real estate investments from private investors, secured by those same properties, that netted him more than $3 million in illicit profits.

Continue Reading…

Regina M. Preetorius, 47, Augusta, Georgia was sentenced to 280 months in prison by U.S. District Court Judge J. Randal Hall for her role in a multi-million-dollar investor fraud scheme.

Continue Reading…

Julius Williams, 43, McKinney, Texas, has been sentenced to federal prison in connection with a combination foreclosure rescue, grow house and drug distribution scheme in the Eastern District of Texas…

Continue Reading…

More than $1.6 million in restitution has been secured for victims of mortgage fraud-related crimes and offered important tips to help Michigan consumers avoid becoming victims of foreclosure rescue scams.

Continue Reading…

William Barry Blythe, 67, Murrieta, California, has been arraigned and pled guilty to carrying out a scheme to defraud homeowners, mortgage lenders, and the U.S. Bankruptcy courts in the Southern and Central Districts of California. He also admitted that he willfully failed to adequately report over $175,000 in taxes owed on his income.

Continue Reading…

Jarrod Williams, 34, McKinney, Texas, has been sentenced to federal prison in connection with a combination foreclosure rescue and drug distribution scheme in the Eastern District of Texas.

Continue Reading…

$114,542 will be distributed from the Homeowner Protection Fund to more than 112 victims of the Hope4Homeowners mortgage rescue scam.

Continue Reading…