Non-Profit To Assist Some Victims Of Pennsylvania Wrap Around Mortgage Ponzi Scheme

In Lancaster County, Pennsylvania, Lancaster Online reports:

• The United Way of Lancaster County aims to take some of the sting out of a scam that burdened hundreds of area homeowners with larger mortgage payments than they expected.The agency will set up a fund to assist the victims of Berks County-based OPFM Inc. and Image Masters. OPFM mortgage broker Wesley A. Snyder has pleaded guilty to defrauding some 800 borrowers, including more than 300 in Lancaster County. The United Way's Fraud Victims' Fund is not intended to help all borrowers. Only those in danger of losing their homes because they can't make higher mortgage payments will receive aid.

For more, see United Way steps into mortgage scam breach (Sets up fund that will help people at risk of losing their homes to mortgage broker’s misdeeds).

See also:

• United Way of Lancaster County Press Release: United Way To Assist OPFM Fraud Victims (Local Nonprofit to Accept Donations for Fund through February 15),
• WFMZ-TV Channel 69: Personal Financial Management Victims Discuss Lawsuit, Lenders (read story) (watch video).

Go here and go here for other posts and links to other media reports on the Ponzi scheme operated by Wesley Snyder.