Posts Tagged ‘Foreclosure Scams’

Foreclosure Scammers Licking Chops – Beware!

Thursday, September 27th, 2007

In the raw the jackals and vultures move in when the big predators have had their fill. It seems to be the same today in human society – and that too in America. Victims facing foreclosures are in a traumatized state – ready to clutch at any straw of hope. They cannot think rationally and [...]

San Diego – Sale And Crash Foreclosure Scams

Monday, June 4th, 2007

Investigators have stumbled upon a racket known as inflated-sale-and-crash schemes in which countless have fallen victims. The buyer in collusion with shady real estate dealers buy a home at more than the current market price, receives cash at the closing of escrow and then intentionally allows the property to fall into a foreclosure. 400 such [...]