Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Monday, November 05, 2012
Denver-Area Foreclosed Home-Snatching Suspect's Spouse Faces Felonies In Foreclosure Scheme; Hubby Faces Similar Allegations
In Denver, Colorado, The Denver Post reports:
The wife of a man already indicted by a Denver grand jury for violating Colorado's racketeering law now faces similar charges for her role in a scheme where the couple falsely bought and sold homes that didn't belong to them.
Maria Carrillo, 50, is now charged with violating the Colorado Organized Crime Control Act and faces other felony counts of forgery, conspiracy to commit forgery and attempt to influence a public servant.
Her husband Alfonso Carrillo, 50, now faces seven new counts for a total of 25 counts of theft, burglary and criminal trespass among others, according to the District Attorney's Office.(1)
The indictment alleges that Alfonso Carrillo found homeowners facing foreclosure and convinced them to relinquish their property for a fee, misrepresenting it as a way to avoid foreclosure.
Then he and Rudy Breda, 54, would falsify a sale of the properties to others, taking their money for the "purchase" even though later those "buyers" were forced to vacate the properties when mortgage lenders or actual property owners found them living in the homes.
The scheme was targeting Spanish-speaking home buyers, often undocumented and reluctant to work aith investigators out of fear.
Jose Caraveo and Veronica Fernandez-Beleta were originally named as co-defendants in the indictment, but charges have been dropped and they are now listed as victims of theft. Breda remains at large.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
<< Home