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Real Estate & Property Law

: The Home Equity Theft Reporter

DA's Office Charges One, Seeks Another In Alleged "Principal Reduction" Foreclosure Rescue Scam; Suspects Believed To Have Illegally Pocketed $2M+

By r morris

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From the Office of the Santa Clara, California District Attorney:39-year old Rene Alvarez of San Jose was arrested yesterday by investigators with the Santa Clara County District Attorney?s Office on charges that he defrauded hundreds of homeowners, whose homes were in foreclosure, in a wide-ranging loan modification scam. There is an outstanding arrest warrant on the same charges for his cohort,

Full post as published by The Home Equity Theft Reporter on September 08, 2009 (boomark / email).

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