Ohio Man Guilty Of 26 Counts In Foreclosure Rescue, Rent Skimming Scam; Allegedly Conned 14 Homeowners Into Belief He Would Renegotiate Home Loans

In Newark, Ohio, The Newark Advocate reports:

• As the guilty verdicts piled up -- 26 in all -- Harry Blausey sank further into his chair in Common Pleas Judge Thomas Marcelain's courtroom. [...] Blausey was facing 27 felony counts connected to a scheme he perpetrated on Licking County homeowners facing foreclosure.

• He was found guilty of deceiving those couples and individuals into signing over deeds to their homes on the premise Blausey would negotiate with their mortgage companies to avoid defaulting on their home debts. Testimony and documentation from the prosecution claimed Blausey had little, if any, communication with the lenders and profited by renting out the homes until they were sold at auction.

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• He was convicted of [...] nine counts of grand theft, 13 counts of securing writings by deception and four counts of theft.(1)

For more, see Blausey guilty on 26 counts (Businessman convicted on all but most serious charge).

See also:

• The Columbus Dispatch: Newark man guilty in mortgage-fraud case,
• The Columbus Dispatch (11-21-08): Licking County man sent to prison for mortgage scam (Harry Blausey was sentenced to four and a half years in prison for running a large-scale mortgage scam.).

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

Go here for criminal prosecutions of foreclosure rescue operators.

(1) According to the story, Licking County Assistant Prosecutor Duke Frost said the potential exists to press forward with another indictment. "There are other pending allegations of similar conduct involving this defendant, and they'll be handled in the same manner as in any other case," he said.