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Real Estate & Property Law

: The Home Equity Theft Reporter

Arizona Loan Modification Scammer Gets 5 Years For Scamming 47 Struggling Homeowners Out Of Upfront Fees In Exchange For Phony Promises Of Help

By r morris

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From the Office of the Arizona Attorney General:Attorney General Terry Goddard [Friday] announced that Bobby John Herrera, 33, of Glendale, has been sentenced to five years in prison as the result of a mortgage loan assistance scam he orchestrated that victimized 47 Valley homeowners. Herrera was also ordered to pay $80,541 in restitution to victims.In December 2008, Herrera was arrested by

Full post as published by The Home Equity Theft Reporter on June 08, 2009 (boomark / email).

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