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Real Estate & Property Law

: The Home Equity Theft Reporter

NY Couple Gets 2 To 6 Years For Roles In Equity Stripping, Sale Leaseback Scam; Homeowners Who Sought Foreclosure Rescue Have Civil Suits Pending

By r morris

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In Westchester County, New York, The Journal News reports:A judge admonished a Tarrytown couple Thursday for their roles in "sham real estate transactions" that cost four Westchester County families their homes. The judge then sentenced Hubert "Phil" Hall and his wife, Doreen Swenson, to two to six years in state prison."You perpetuated the complex schemes ... for your own financial benefit,"

Full post as published by The Home Equity Theft Reporter on August 09, 2010 (boomark / email).

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