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Real Estate & Property Law

: The Home Equity Theft Reporter

Foreclosure Rescue Scam Mastermind Found Guilty Of Dozens Of Felonies; Ran Upfront Fee Land Grant Scheme, Sale Leaseback Rent Skimming Racket

By r morris

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In San Diego, California, XETV-TV Channel 6 reports:The mastermind of a scam in which about 400 homeowners in San Diego and Riverside counties were tricked into paying nearly $2 million in fees in hopes of beating foreclosure was convicted Tuesday of dozens of felonies. After an eight-week trial, 63-year-old William Hutchings was found guilty of 160 counts of conspiracy to commit grand theft,

Full post as published by The Home Equity Theft Reporter on March 26, 2010 (boomark / email).

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