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: The Home Equity Theft Reporter

C. Fla. F'closure Rescue Scammer Gets 10 Years In Ripoff Using Phony Non-Profit 'Front'; Described By Prosecutor As "A Kind Of Slow-Motion Theft"

By r morris

In Tampa, Florida, the St. Petersburg Times reports:Peter J. Porcelli, a Pinellas businessman who made millions in telemarketing and owned the world-champion Tampa Bay Smokers fast-pitch softball team, was sentenced to 10 years in federal prison [] for defrauding dozens of local homeowners with a foreclosure relief scam.(1)Using a phony nonprofit, Porcelli promised residents facing foreclosure he

Full post as published by The Home Equity Theft Reporter on October 19, 2010 (boomark / email).