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Real Estate & Property Law

: The Home Equity Theft Reporter

Head Of Maryland Equity Stripping Foreclosure Rescue Scam Cops Plea; Bogus Sale Leaseback Deals Used To Rip Off Victims' Home Equity

By r morris

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From the Office of the U.S. Attorney in Maryland:Michael K. Lewis, age 57, of Takoma Park, Maryland pleaded guilty [Tuesday] to conspiracy and bankruptcy fraud arising from a scheme in which he and his conspirators(1) offered to help financially vulnerable individuals save their homes from foreclosure, and instead defrauded homeowners and mortgage lenders, announced United States Attorney for the

Full post as published by The Home Equity Theft Reporter on April 15, 2009 (boomark / email).

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