Estimated reading time: 0 minutes, 24 seconds

Nine Arrested, Indicted in Alleged $6M Mortgage Scam

California state authorities have announced the arrests and indictments of nine people in an alleged mortgage scheme that led to a loss of about $6 million. So reports KTXL in Sacramento.

State attorney general Xavier Becerra said the defendants faced 136 felony counts for “allegedly operating an advance fee mortgage relief scam that claimed to prevent the foreclosure of properties throughout Southern California.”

Each of the defendants, who were accused of preying on distressed homeowners, entered not-guilty pleas.

Read the full article from KTXL

Read 447 times
Rate this item
(0 votes)

FOLLOW US

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.