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Real Estate & Property Law

: The Home Equity Theft Reporter

Two Pinched In Real Estate Ripoff Targeting Haitian Immigrants Who Unwittingly Signed Over Title To Homes In Equity Stripping Refinancing Scam

By r morris

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In Delray Beach, Florida, The Palm Beach Post reports:Police allege two Delray Beach-based real estate brokers swindled unknowing Haitian immigrants, many of whom were financially naive or with language barriers, and some even illiterate. The two men are alleged to have created fake property transactions and mortgages in the homeowners' names, then let the properties fall into foreclosure,

Full post as published by The Home Equity Theft Reporter on February 06, 2011 (boomark / email).

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