Profile Of A Refinancing Scam Artist

In Southern California, The Orange County Register ran a two-part story profiling James Matthew Osborn, aka Jimmy Osborne, a mortgage salesman who was sentenced on April 18, 2008, to 10 years in prison for stealing more than $550,000 from homeowners who were looking to refinance:

• Osborn, 45, was a mortgage salesman. He would later admit in court that between 2003 and 2007, he stole more than $500,000 from people who were seeking to refinance their home loans. He caused 10 families to lose their homes to foreclosure, prosecutors said.

For more, see:

• Portrait of a scam artist (Ten families lost their homes because of the mortgage fraud Jimmy Osborn perpetuated. A persistent victim fought back);
• Chasing down a smooth operator (Jimmy Osborn was a criminal who took advantage of a system that offers little protection for mortgage borrowers).