Monday, March 03, 2008

Alleged Dubious Liens Slapped On Homes Results In California Man Facing At Least 327 Felony Fraud, Extorion Counts

In California, ABC30 TV in Fresno recently ran a story on 41-year old Jeff McCoon of Oakhurst, a local man who is going around buying old credit card debt for pennies on the dollar, filing lawsuits against the individuals who purportedly owe the money, and then slapping liens on their homes.

The dubiousness of his business practices is refected by the fact that McCoon is currently facing 327 felony fraud and extortion counts in Southern California because of his business practices. ABC30 Action News is now reporting that prosecutors in Northern California are also on his trail and it has uncovered evidence McCoon has also done the same thing in Fresno. Reportedly, the Sacramento County District Attorney's Office will not talk unless and until they file a case.

For the story and link to the ABC30 video coverage, see Local Businessman Accused of Fraud (A Madera County man is facing criminal charges for what investigators say is an illegal way to collect old credit card debt).

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