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: The Home Equity Theft Reporter

Head Of Maryland-Based Foreclosure Rescue Firm Gets 78 Months For Role In Peddling Bogus Equity Stripping Sale Leasebacks To Homeowners In Foreclosure

By r morris

From the Office of the U.S. Attorney (Maryland):U.S. District Judge Deborah K. Chasanow sentenced Michael K. Lewis, age 57, of Takoma Park, Maryland today to 78 months in prison, followed by three years of supervised release, for conspiracy and bankruptcy fraud arising from a scheme in which he and his conspirators offered to help financially vulnerable individuals save their homes from

Full post as published by The Home Equity Theft Reporter on September 14, 2009 (boomark / email).