Tuesday, January 13, 2009

Homeowner's Complaint Alleging A Lease-Buy Back Foreclosure Rescue Scam Among Several Being Probed By Connecticut AG

In North Stonington, Connecticut, The Day reports on a financially strapped homeowner who did business with a Massacusetts company that led him to believe that it would help keep him from losing his long-time family home.

  • [Connecticut AG Richard] Blumenthal said in a phone interview that he is investigating [Gary A.] Gudat's case, along with other complaints involving a company called S.K.A. Properties Inc. of Attleboro, Mass., which Gudat alleges bilked his 76-year-old mother out of her nest egg and left him and a disabled sister, Debra Durocher, without a place of their own.

For the story, see Scam Cost Him His Home, Now He Wants Law Passed (Former N. Stonington man's case prompts Blumenthal to propose debt-reduction legislation).

See also, The Patriot Ledger: Debt reduction companies draw scrutiny (Conn. AG probing complaints about 1-2-3 Fix My Loan of Sharon and company in Attleboro):

  • Connecticut Attorney General Richard Blumenthal is investigating complaints of predatory lending practices by a pair of Massachusetts companies. Blumenthal said he has received complaints about 1-2-3 Fix My Loan of Sharon and S.K.A. Properties of Attleboro.

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  • Mark Parker of Easton, the president of 1-2-3 Fix My Loan, said in an interview that he will no longer accept up-front fees from clients in Connecticut or Massachusetts. “We are changing our policy to meet their guidelines as per Blumenthal’s statement,” Parker said.
    Steven Dellacroce of Attleboro, who is listed as the president of S.K.A. Properties, does not have a listed telephone number.