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Real Estate & Property Law

: The Home Equity Theft Reporter

4 Lawyers Among Five To Go To Trial In Alleged Sale Leaseback F'closure Rescue Scam; 3 Others Cop Guilty Pleas; Civil Suits To Reclaim Losses Ongoing

By r morris

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In White Plains, New York, The Journal News reports:Five suspects in an alleged mortgage scheme ? including four lawyers ? will go to trial in August,(1) fighting charges that they cost four Westchester County families their homes and swindled two mortgage lenders out of $1.4 million.Meanwhile, three other defendants have pleaded guilty to roles in the scheme and will be sentenced this summer.(2)

Full post as published by The Home Equity Theft Reporter on June 17, 2010 (boomark / email).

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