Monday, August 11, 2008

Foreclosure Rescue Scams Being Challenged In Staten Island

In New York City, the Staten Island Advance ran a story on three separate incidents of alleged sale-leaseback, foreclosure rescue scams reportedly involving operators AFG Financial in Garden City, Long Island and broker Patrick Jean Baptiste; and a company called Revolutionary Capital and its CEO, Casman Samuel.

Two of the cases are currently being played out in civil litigation; the third case has been referred to the Staten Island District Attorney's office (Richmond County) for possible criminal prosecution. One of the suits reportedly alleges violations of the homeowner's civil rights, fair-housing and truth-in-lending acts when it convinced her to transfer the deed to her property to the company,

For more, see Duped when they're down, then forced out (Quick-fix rescue scams for those in foreclosure are widespread and often exact a terrible toll).