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Real Estate & Property Law

: The Home Equity Theft Reporter

Federal Judge Clobbers Sobbing Sale Leaseback Peddler With 270 Months For Victimizing 17 Minn. Homeowners In Equity Stripping, F'closure Rescue Ripoff

By r morris

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From the Office of the U.S. Attorney (St. Paul, Minnesota):A 41-year-old Prior Lake man was sentenced [] in federal court in St. Paul on charges connected to an equity-skimming scheme that targeted vulnerable homeowners. United States District Court Judge Patrick J. Schiltz sentenced Michael Fiorito to 270 months in prison on one count of conspiracy to commit mail fraud and six counts of mail

Full post as published by The Home Equity Theft Reporter on May 02, 2010 (boomark / email).

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