NYC Foreclosure Rescue Operator Is At It Again, Back In The News, Being Sued Again, & Under Criminal Investigation
(original post 11-28-07)
Home Savers Consulting Corp., a Brooklyn, New York-based foreclosure rescue operator is back in the news. This time, it's WABC-TV Channel 7 (New York City) that ran a story the other night featuring two more scam victims who unwittingly went to Home Savers for help when they were facing foreclosure. Instead of help, they got their homes sold from out from under them. In addition to the homeowners facing foreclosure, Channel 7 investigative reporter Sarah Wallace also spoke on camera to a couple of the straw buyers that Home Savers hired and were involved in the scam. They claim that they were unwitting participants in the scam as well.
Reportedly, the Home Savers' business office suddenly closed and Garth Celestine, one of the Home Savers' partners, has apparently gone into hiding, which is understandable because, in addition to a number of civil lawsuits filed against Home Savers, criminal investigations in two states are ongoing, according to Channel 7.
To stave off possible foreclosure, one victim has now filed for bankruptcy and the other is considering it.
One of the victims has brought a civil lawsuit against Homesavers and others, alleging a widespread conspiracy of fraud. To read the online transcript of the Channel 7 TV report, see A Home Mortgage Mess.
Go here to watch the WABC-TV Channel 7 report.
Go here for other posts on Home Savers Consulting Corp.
For more on equity stripping scams, generally, see DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through Equity-stripping Foreclosure 'Rescue' Scams (4.61 MB approx.).
Home Savers Consulting Corp., a Brooklyn, New York-based foreclosure rescue operator is back in the news. This time, it's WABC-TV Channel 7 (New York City) that ran a story the other night featuring two more scam victims who unwittingly went to Home Savers for help when they were facing foreclosure. Instead of help, they got their homes sold from out from under them. In addition to the homeowners facing foreclosure, Channel 7 investigative reporter Sarah Wallace also spoke on camera to a couple of the straw buyers that Home Savers hired and were involved in the scam. They claim that they were unwitting participants in the scam as well.
Reportedly, the Home Savers' business office suddenly closed and Garth Celestine, one of the Home Savers' partners, has apparently gone into hiding, which is understandable because, in addition to a number of civil lawsuits filed against Home Savers, criminal investigations in two states are ongoing, according to Channel 7.
To stave off possible foreclosure, one victim has now filed for bankruptcy and the other is considering it.
One of the victims has brought a civil lawsuit against Homesavers and others, alleging a widespread conspiracy of fraud. To read the online transcript of the Channel 7 TV report, see A Home Mortgage Mess.
Go here to watch the WABC-TV Channel 7 report.
Go here for other posts on Home Savers Consulting Corp.
For more on equity stripping scams, generally, see DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through Equity-stripping Foreclosure 'Rescue' Scams (4.61 MB approx.).
posted by Home Equity Theft Reporter at 7:35 AM
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