Tuesday, April 29, 2008

More Victims Accusing Ohio Foreclosure Rescue Operator Come Forward

In Newark, Ohio, The Columbus Dispatch reports on a local couple who were allegedly screwed over by area foreclosure rescue operator Harry Blausey.
  • The Newark man was indicted last month on 30 counts, including grand theft, securing writings by deception and engaging in a pattern of corrupt activity. Convictions could add up to 49 years in prison. Blausey is accused of conducting a foreclosure rescue scam, persuading more than 20 homeowners to sign over their property to him by promising to deal with the mortgage companies on their behalf. He then rented the properties but made no mortgage payments, according to court filings.

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  • It wasn't until Blausey was indicted and released on $50,000 bail that the couple realized they had been duped. They called their lender and discovered that no mortgage payments had been made and the company was seeking foreclosure. She said Blausey had told them to have no contact with their lender so the company would have to deal with him. [...] Blausey has [also] been sued in at least 17 civil cases in Licking County Common Pleas and Municipal courts since 2006. He was found guilty and placed on probation in 2006 on misdemeanor counts of aggravated trespassing and intimidating a witness.

For more, see Too good to be true (In a pinch, they trusted him; now he faces 30 charges in mortgage deal).

For story update, see (5-4-08) Motion seeks to stop Blausey from bidding on homes (Indicted former real estate agent has almost $450,000 outstanding on sheriff's auction properties).

Go here for other posts on foreclosure rescue operator Harry Blausey.

Go here for criminal prosecutions of foreclosure rescue operators.