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Real Estate & Property Law

: The Home Equity Theft Reporter

Five Face Criminal Charges For Roles In Now-Defunct Upstate NY Sale Leaseback, Equity Stripping Foreclosure Rescue Peddling Operation

By r morris

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In Albany, New York, the Albany Times Union reports:A honeymoon in Europe, cruise to Antigua, spa treatments and free rent. It all came about, authorities say, because of a massive mortgage fraud scheme based on Central Avenue in Colonie. And now five defendants -- including a once-disbarred local attorney -- face felony charges from state Attorney General Andrew Cuomo that could send every one

Full post as published by The Home Equity Theft Reporter on October 15, 2010 (boomark / email).

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