FTC Halts Allegedly Phony Mortgage Relief Scheme
July 02, 2013
July 02, 2013
WASHINGTON, July 2 -- The Federal Trade Commission issued the following news release:
The Federal Trade Commission filed suit in federal court to halt a mortgage relief scheme that allegedly deceived and preyed on distressed homeowners by charging them $2,000 to $4,000 based on bogus foreclosure rescue claims.
The defendants allegedly falsely claimed they would provide legal help to save consumers' homes from foreclosure and lower their mortgage payments, then charg . . .
The Federal Trade Commission filed suit in federal court to halt a mortgage relief scheme that allegedly deceived and preyed on distressed homeowners by charging them $2,000 to $4,000 based on bogus foreclosure rescue claims.
The defendants allegedly falsely claimed they would provide legal help to save consumers' homes from foreclosure and lower their mortgage payments, then charg . . .