Thursday, June 18, 2009

Brooklyn Family Scammed Out Of Home In Foreclosure Rescue Scam

In Brooklyn, New York, WNYC Radio 93.9 reports on the story of Robert Pascall, a local homeowner who accuses three men of milking his two-family Brownsville home out of its equity and tricking him out of the deed in a foreclosure rescue, equity stripping sale leaseback scam. The home had been in the family for decades. In all, 13 family members were evicted and the home currently is vacant. They are all bow packed into a one room basement apartment in the Bronx.

The non-profit legal services firms are overwhelmed and can’t take on too many deed scams because the cases are complicated and time consuming. Robert Pascall said he was turned way from the few agencies he approached for help. He says the Brooklyn District Attorney also rejected his case.

For the story, see Housing Scam Artists Defraud Brownsville Residents.