S. Florida Church Members Victimized By Foreclosure Rescue

WFOR-TV Channel 4 in South Florida recently ran a story about Broward County victims of an equity stripping, foreclosure rescue scam who, according to their attorney George Castrataro with the non-profit law firm Legal Aid Service of Broward County, were targeted by National Forecloure Management at the homeowners' place of worship. Reportedly, one of the church members worked for the foreclosure rescue operator and referred other members having financial trouble to the operator. The church itself reportedly had no involvement in the scam. The company running the scam is reportedly out of business and the company owners, including someone listed on corporate public records as Wyman Roberts, can't be found.

Go here and click screen to watch the Channel 4 story.

To read the online story, see Church Members: We Were Scammed Out Of Our Homes.

See Editor's Note in Florida AG Investigating Foreclosure Rescue Operators for comment on the legal issues of usury and equitable mortgage in a Florida foreclosure rescue, sale leaseback transaction.

Go here for available case law for fighting foreclosure rescue operators in Florida.
equitable mortgage yak