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Real Estate & Property Law

: The Home Equity Theft Reporter

San Diego Prosecutions Of Local Foreclosure Rescue Ripoff Group Concludes As Mastermind Gets Six Years In Sale Leaseback, Rent Skimming Scam

By r morris

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In San Diego, California, KFMB Radio 760 AM reports:The ringleader of a scheme in which Filipino homeowners struggling to make mortgage payments were urged to transfer property titles into a bogus trust was ordered Thursday to spend six years in prison and make restitution of $71,000.Edmundo Rubi, 53, pleaded guilty last month to five felony counts, including grand theft and perjury, stemming

Full post as published by The Home Equity Theft Reporter on February 13, 2011 (boomark / email).

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