Wednesday, June 16, 2010

Las Vegas Scammer Gets 12-30 Months For Ripping Off Financially Strapped Homeowners Of Upfront Fees For Foreclosure Rescue Services Never Performed

In Clark County, Nevada, the Las Vegas Sun reports:
  • A 50-year-old Henderson man who preyed on Las Vegas area homeowners facing foreclosures in 2007 and 2008 is going to prison. Jeffery Tye Brown, who operated DB Financial Services, a Henderson foreclosure rescue business, has been sentenced to serve from 12 to 30 months for felony mortgage fraud by Clark Country District Court Judge Kenneth E. Cory.

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  • The task force found that between December 2007 and February 2008, Brown contacted victims whose homes were going into foreclosure and obtained advance payments up to $999 for foreclosure rescue services that he never performed. [...] Shortly after the mortgage fraud task force executed a search warrant in 2008 on the DB Financial offices, Brown fled the country. In February he was extradited back to the U.S. from the Philippines, where he was in hiding to evade authorities.

For more, see Henderson man sentenced in mortgage fraud scam.