More On Alleged $40 Million Fleecing Of 800 Pennsylvania Residents In Mortgage Investment Program

Lancaster Online (Lancaster County, Pennsylvania) reports:

• A central hub and help center to assist families facing possible foreclosure due to the collapse of mortgage broker OPFM Inc. will open at Lancaster Farm & Home Center. Also, a rally is planned in Harrisburg next week to prod state officials into doing more to assist those families. State Sen. Michael Brubaker helped arrange a group of attorneys, accountants, banking officials and other professionals who will donate their time to help the 800 families left deeper in debt by the bankruptcy of OPFM, which did business as Personal Financial Management Inc.

For more, see More help for OPFM victims.

Earlier in the week, Lancaster Online reported:

• About 500 people forced into a financial quagmire by the collapse of OPFM Inc. commiserated Tuesday at Highland Presbyterian Church about the mortgage broker's alleged duplicity. Some were desperate, many were sad, a few cried, others yelled, and most were angry. But everyone showed up looking for direction. Direction on how to deal with monthly mortgages that have ballooned by as much as 50 percent after Wesley A. Snyder, the company founder and president, allegedly left 800 customers with a $40 million tab when he filed Chapter 7 bankruptcy a month ago.

For more, see Mortgage holders vent frustrations.

For other recent media reports on the alleged OPFM / Image Masters scam, see:

• 'We're in limbo right now' (About 500 customers of a now-bankrupt mortgage company appeal to government officials for help),
• OPFM mortgage crisis hits home (Documents show pain spread countywide),
• 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.