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Real Estate & Property Law

: The Home Equity Theft Reporter

Jury Sends 62-Year Old Scammer Into Probable Retirement w/ Guilty Verdict In "Land Patent" F'closure Rescue Scam; Homeowners Losses Estimated At $260K

By r morris

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In San Diego, California, KGTV-TV Channel 10 reports:A man who told homeowners that buying "land patents" from him would protect their properties from foreclosure was convicted Thursday of 21 felony counts, including grand theft and unlawful practices by a foreclosure consultant. Larry Smith -- who has prior convictions for second-degree murder, robbery and burglary -- faces a "very lengthy"

Full post as published by The Home Equity Theft Reporter on June 21, 2010 (boomark / email).

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