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Real Estate & Property Law

: The Home Equity Theft Reporter

NY Feds Indict Two In Equity Stripping, Straw Buyer Scam

By r morris

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In The Bronx, New York, the Daily News reports:A Bronx real estate broker who hosted a radio show on WBLS and WLIB inviting distressed homeowners to contact her for help was charged Thursday with ripping them off instead. Lavette Bills, head of MTC Real Estate, was charged along with Kirk Lacey, a Jamaican who lives in Florida, in a brazen $800,000 mortgage fraud scheme that allegedly preyed on

Full post as published by The Home Equity Theft Reporter on March 23, 2009 (boomark / email).

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