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Real Estate & Property Law

: The Home Equity Theft Reporter

Maryland Foreclosure Rescue Operator Gets 27 Months In Sale Leaseback Equity Stripping Ripoff; Feds Estimate Losses At Between $1M To $2.5M

By r morris

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From the Office of the U.S. Attorney (Baltimore, Maryland):U.S. District Judge J. Frederick Motz sentenced James William Fox II, age 40, of Crofton, Maryland [last week] to 27 months in prison, followed by three years of supervised release, for conspiracy to commit wire fraud in connection with a mortgage fraud scheme which he promised to help homeowners facing foreclosure keep their homes, but

Full post as published by The Home Equity Theft Reporter on February 02, 2011 (boomark / email).

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