Posts Tagged ‘Foreclosure Scams’

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 [...]

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 [...]