Phoenix Jury Finds Man Peddling “Mortgage Elimination” Racket Guilty On Ten Fraud Counts; Scammer Pocketed $250K+, Say Prosecutors
Written by Administrator on August 28th, 2010In Phoenix, Arizona, KSWT-TV Channel 13 reports:A Phoenix mortgage broker has been convicted on 10 charges of fraud for scamming some homeowners into filing bogus foreclosure paperwork. Maricopa County prosecutors say 52-year-old Edward L. Carpenter was found guilty by a jury Wednesday after a 6-day trial. He faces an Oct. 7 sentencing.Authorities say Carpenter contacted homeowners and claimed he
The Home Equity Theft Reporter
Tags: $250K+, Counts, Elimination, Finds, Fraud, Guilty, Jury, Mortgage, Mortgage Elimination, Peddling, Phoenix, Pocketed, Prosecutors, Racket, Scammer
August 28th, 2010 at 7:58 am
Mortgage Fraud Examiners exposed this problem over a year ago in a press release: “Beware of the Latest Foreclosure Rescue Scam–Mortgage Elimination.” http://www.pressreleasepoint.com/beware-latest-foreclosure-rescue-scamquotmortgage-eliminationquot