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Real Estate & Property Law

: The Home Equity Theft Reporter

Daughter, Son-In-Law Convicted Of Scamming Alzheimer's-Afflicted Widowed Mom Into Borrowing $350K Against Home & Using It Towards Luxury Home Purchase

By r morris

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In Clackamas County, Oregon, The Oregonian reports:Ask Clara Philpot how she's doing, and she'll answer with a beaming smile and a hearty "Fantastic." Ask the 87-year-old who is president or the name of the dog napping in her lap and she can't say. Philpot, who was diagnosed with Alzheimer's disease in 2002, also can't explain how or why she borrowed almost $1 million to finance a luxury home in

Full post as published by The Home Equity Theft Reporter on September 02, 2009 (boomark / email).

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