Thread: MILLIONS AT RISK OF FORECLOSURE FRAUD

MILLIONS AT RISK OF FORECLOSURE FRAUD
Posted: Monday, September 22 at 05:00 am CT by Bob Sullivan



Angela Carter outside the Chicago home she may lose because, she says, she fell for a foreclosure rescue scam. (Chris Ocken for MSNBC.com)

Angela Carter's family has lived for 46 years in the same small two-story home in Chicago, perhaps a 15-minute ride from Barack Obama's adopted Hyde Park neighborhood. But today a piece of paper says someone else owns the property, and a judge will soon decide if Carter and her mom get to stay in her home.

The reason Carter, 55, is facing eviction, she says, is that she fell for a high-stakes scam that’s sweeping the nation, preying on the 1 in 11 consumers who are either behind on their mortgage payments or already in foreclosure.

Interviews with legal aid offices and law enforcement officials around the nation indicate the problem of so-called “foreclosure rescue scamsâ€

The vultures are out. Maybe they used to this in the past, I don't know.....but it seems someones scamming someone everywhere you turn.

Originally Posted by crazybird

The vultures are out. Maybe they used to this in the past, I don't know.....but it seems someones scamming someone everywhere you turn.

Yep so true and our own government is doing it regularly to us as well.