Las Vegas Man Indicted By State AG On Allegations Of Offering Bogus Loan Modifications; Faces Theft, Felony Charges

In Las Vegas, Nevada, the Las Vegas Sun reports:

• A 50-year-old Henderson man was indicted [] on four felony counts of theft and one felony count of forgery in connection with the operation of DB Financial Services, a foreclosure rescue business located in Henderson, Nevada Attorney General Catherine Cortez Masto said. Jeffery Tye Brown was accused of misleading customers into believing that, for a fee, he would guarantee resolution of a victim’s pending mortgage foreclosure.(1)

For more, see Henderson man indicted for alleged foreclosure rescue scams.

(1) Reportedly, The indictment alleges that between December 2007 and February 2008, Brown contacted victims whose homes were going into foreclosure and obtained advance payments of $999 for foreclosure rescue services that he never performed. He failed to give refunds despite promising them in his contracts and advertising, the story atates. He also allegedly forged documents to the state Mortgage Lending Division to cover up the criminal activity. Shortly after execution of a search warrant on the DB Financial offices in 2008 by the task force, Brown reportedly fled the country. He has been extradited back to this country from the Philippines, where he was hiding to evade authorities, according to the story.