Wednesday, July 22, 2009

Florida AG Continues Loan Modification Scam Sweep w/ Civil Suits Against Group Accused Of Making Automated Robo-Calls Using President "O's" Voice

From the Office of the Florida Attorney General:
  • Attorney General Bill McCollum [Tuesday] announced that his office has filed a lawsuit against four related South Florida companies that allegedly charge up-front fees for loan modification services to homeowners facing foreclosure. FHA All Day.Com and owner Jason Vitulano, as well as three other affiliated companies,(1) purportedly collect up to $1 million in up-front fees on a monthly basis. The companies were allegedly soliciting hundreds of consumers nationwide via the internet and though telemarketing robo-calls which illegally used President Obama’s voice.

    An investigation conducted by members of the Attorney General’s Economic Crimes Division, working as part of the Attorney General’s Mortgage Fraud Task Force, indicated that Vitulano and his companies were charging up-front fees as high as $5,000 for foreclosure-related loan modification services. Vitulano also allegedly claimed to have an attorney on staff available to assist homeowners, but investigators believe no attorneys are currently working on any of the loan modification files. Consumers who complained to the Attorney General’s Office also reported that the companies have not performed the promised services and that they were unable to contact the companies or get refunds. The Attorney General’s Office has received over 300 complaints about Vitulano and his related companies.

For the entire Florida AG press release, see McCollum Files Lawsuit Against 4 South Florida Companies for Foreclosure Rescue Fraud (Company director allegedly ran boiler-room telemarketing operation using the President’s voice to target victims).

For the Florda AG's lawsuit, see State of Florida v. FHA All Day.com Inc., et al.

Go here to file a complaint against FHA ALL Day.com and its affiliates.

(1) The three affiliated companies are: Safety Financial Services, Inc., Housing Assistance Law Center, and Housing Assistance Now.