Tuesday, February 21, 2017

Foreclosure Rescue Operator Gets 18 To 48 Months In Prison For Role In Racket That Duped Financially Strapped Homeowners Into Paying Upfront Fees In Exchange For Fraudulent Bailout Promises

From the Office of the Nevada Attorney General:
  • Nevada Attorney General Adam Paul Laxalt announced that Alicia Ruiz, 45, of Las Vegas, was sentenced for two felony counts of theft, a category “C” felony, for her role in a foreclosure rescue scheme. The fraud was committed between December 2011 and May 2013.

    Ruiz and two co-defendants operated a business known as “National Prevention Center” that defrauded homeowners using a foreclosure rescue scheme. Together, they solicited homeowners and promised their clients that they would purchase their foreclosed homes and then subsequently sell their homes at current value. After placing their trust in this business and paying thousands of dollars in upfront fees, clients’ homes were never purchased as promised, and the victims were not reimbursed. [Go here for criminal complaint]
    ***
    Eighth Judicial District Court Judge David Barker sentenced Ruiz to 18-48 months in prison. Ruiz previously entered a guilty plea agreement that requires her to pay back five victims nearly $50,000 in restitution. Ruiz’s co-defendants have already pleaded guilty and were previously sentenced for their crimes.
Source: Attorney General Laxalt Announces Sentencing of Las Vegas Woman for Foreclosure Rescue Scheme (Defendant Defrauded Homeowners Out of Thousands of Dollars).

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