Federal Court Order Freezing Assets In Pennsylvania Mortgage Investment Program

As reported in earlier media reports and posts, a Pennsylvania Federal Court has issued an order freezing the assets of Wesley A. Snyder, who operated a self-described Equity Slide/Wrap-Around-Mortgage program, in which he is alleged to have scammed 800 investors out of millions of dollars. Snyder operated through companies named Image Masters and OPFM, Inc., among others.

To view the Federal Court documents recently filed in this case, see:

• Complaint - U.S. vs. Snyder,
• Temporary Restraining Order - U.S. vs. Snyder.

The temporary restraining order freezing Snyder's assets expires on November 2, 2007. A hearing in which the U.S. Attorney's office seeks to replace the temporary restraining order with a preliminary injunction is scheduled for October 30, 2007, at 1:30 pm.

Go here and go here for other posts and links to earlier media reports on the Pennsylvania Ponzi scheme involving Wesley Snyder, OPFM, Image Masters.