Virginia Homeowner Unknowingly Deeds $230,000 Home To Foreclosure Rescuer For $16,000

In a story originally reported in the Richmond Times-Dispatch, and can be found here, a Virginia homeowner facing foreclosure had no idea he sold his home to a foreclosure rescue operator until he saw a "For Sale" sign in his front yard one morning.

"As many as 17 homeowners in the Franklin area may have lost their homes because of foreclosure scams", according to local consumer activist Paula Sherman.