Friday, March 19, 2010

NY Feds Bag Two In Alleged Upfront Fee Foreclosure Rescue Scam Using Bogus Bankruptcy Filings On Behalf Of Strapped Homeowners To Delay Loss of Homes

In White Plains, New York, Courthouse News Service reports:
  • Two New Jersey residents took nearly $400,000 in a foreclosure protection scam, federal prosecutors said. Andrew Bartok of Clifton and Kathleen Addario aka Kathy Adams [aka Kathleen Kelly, aka Kate Adams] of Saddle River raked in $44,000 a month for 9 months last year through their business, Revelations Consulting, prosecutors said. Clifton and Addario ran their scam in Dutchess and Westchester Counties, N.Y., according to the complaint. They not only bilked people up front, they charged monthly fees for "services" such as "foreclosure delay," and banked the money, prosecutors said.

Source: Foreclosure Scam Raked It In, Feds Say.

For the criminal charges, see U.S. v. Bartok, et ano.