Disabled Women Allege Theft Of Home Equity
They allege that the caretaker convinced them to mortgage the home and then turn over most of the money to her, expecting she would make the mortgage payments. The caretaker acknowledges to receiving a $20,000 loan from the women. The balance of the mortgage loan, however, is listed at $320,000.
The filing of an 11th hour bankruptcy petition stopped a scheduled foreclosure sale last week. Local police are reportedly investigating whether a crime was committed. To read more, see:
- Possible fraud victims could lose their house
(Blind women say former caregiver took advantage of them)
- Blind women file for bankruptcy to hold on to house
(Lodi roommates say caregiver cheated them)
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