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Robert Walker, 44, North Royalton, Ohio, was sentenced to 33 months in prison.  He previously pleading guilty to five counts of fraud.  Walker operated of a loan modification fraud scheme and defrauded over 90 struggling homeowners out of $286,000.

According to court documents, Walker convinced homeowners on the verge of foreclosure to pay Walker an up-front fee of at least $1,995.  Walker did little or no work to get a loan modification for customers. He promised that 80 percent of the fee would be reimbursed if he didn’t get them a modification. But Walker never intended to reimburse the fees.  When he failed to obtain a loan modification, he refused the promised reimbursement. Continue Reading…