Missouri AG To Testify At Senate Hearing On Growing Complaints Of Mortgage, Debt Repair Fraud

In Jefferson City, Missouri, The Associated Press reports:

• Missouri Attorney General Chris Koster is scheduled to testify before a U.S. Senate committee(1) about growing complaints of mortgage and debt repair fraud. [...] Koster said he planned to outline the growing number of complaints his office has received about fraudulent schemes to help people with mortgage or debt problems. In the past few months, Missouri has filed suit against seven companies offering mortgage refinancing, foreclosure relief or debt settlement services.

Source: Mo. AG Koster to testify about fraud complaints before U.S. Senate Commerce Committee.

Go here for AG Koster’s prepared statement.

(1) The Senate hearing, The Economy and Fraud: Protecting Consumers During Downward Economic Times, is scheduled for Tuesday, July 14, 2009, 10:00 AM.