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: Legal Pad | LAStockton loan scam victim now a debt collector
By Richard Binder
Keith Tinney, a 66-year-old homeowner who fell victim to a forensic loan audit scam, was awarded $2,995 in San Joaquin County Superior Court's small claims division yesterday.
The award was in the amount Tinney paid to Southern California businessman Paul Killmar, who had promised at least 15 Stockton clients that a detailed loan audit would help them bargain with their lenders.
California Attorney General Jerry Brown has labeled such audits a scam and outlawed upfront fees for loan modification.
Killmar did not appear in court, and Commissioner Erik Lundeberg made his ruling in roughly 10 minutes.
Full post as published by Legal Pad | LA on March 24, 2010 (boomark / email).
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