Should've put Public Safety First!

Tuesday, March 09, 2010
Attorney General Warns Consumers to Avoid Foreclosure Sharks
Southern Maryland Online

Just as sharks smell blood in the water, foreclosure rescue scammers can pick out desperate homeowners on the brink of foreclosure. Many homeowners are unaware of their options and panic. In the latest issue of The Consumer’s Edge, Maryland Attorney General Douglas F. Gansler warns homeowners and consumers of foreclosure rescue scams, and offers tips on how to avoid them.

Scam artists learn of homeowners in distress by scouring through public foreclosure notices in newspapers and government offices. Offering “foreclosure rescues,” “mortgage consulting” or “foreclosure services,” they contact the homeowners by phone, in person or by mail, promising a fresh start only if the homeowners act immediately. With promises to save the homeowners from foreclosure, scam artists dupe desperate homeowners out of money by:

Sammy 07:27 AM | (0) Comments | Email this post | Permalink |
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