Friday, July 18, 2008

One More Suspect Added To List Of Defendants In Alleged Metropolitan Money Store Foreclosure Rescue Scam

In Greenbelt, Maryland, The Associated Press reports:
  • A ninth person has been charged in what prosecutors describe as a $35 million dollar scheme to defraud homeowners facing foreclosure. Thirty-six-year-old Richard Allison of Camp Springs has been charged with conspiracy to commit mail and wire fraud. Federal prosecutors say Allison was part of the Metropolitan Money Store scam. He provided legal services to JoyJackson, president of the Lanham-based business, and others prosecutors say were part of the conspiracy. [...] Allison is accused of acting as a straw buyer on two properties and creating loan documents with false financial and personal information.

For the story, see 9th person charged in Money Store scam.

See also, U.S. Attorney's Press Release: Additional Defendant Charged in Metropolitan Money Store Mortgage Fraud Scheme.

Go here and go here for other posts on the alleged Metropolitan Money Store foreclosure rescue scam. joyjackson