California Man Loses $1,500 In Upfront Fee Foreclosure Rescue Ripoff

The Visalia Times-Delta reports that an Exeter, California man facing foreclosure was ripped off of over $1,500, which represented one month's mortgage payment, by a company that approached him through a direct mail soilicitation. The company, First Gov, reportedly is a firm that the local Better Business Bureau believes is fraudulent. An attempt by the Times-Delta to reach First Gov the three phone numbers listed on its correspondence was made; two lines were disconnected. A message was left on an answering machine of the third line, which went unanswered. For more, see Exeter man conned out of a mortgage payment (Foreclosure fraud is rampant; Exeter man shares woes).

Go here for California statutes governing foreclosure rescue consultants and purchasers.

For story update, see press release: Attorney General Brown Sends Perpetrators of Loan Modification Fraud to Prison.