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: The Home Equity Theft Reporter

Convicted Foreclosure Rescue Scammer Could Face Life Sentence On New Charges In Alleged Sale Leaseback, Equity Stripping Ripoff That Fleeced 5 Victims

By r morris

In Los Angeles, California, The Los Angeles Times reports:Timothy Barnett spent nearly five years in state prison for a 1990s foreclosure rescue scam in which he conned homeowners out of tens of thousands of dollars. Now, prosecutors say, he has been at it again, targeting residents in the same South Los Angeles neighborhood he fleeced before.But this time, the state is unleashing one of its more

Full post as published by The Home Equity Theft Reporter on September 07, 2010 (boomark / email).