Entries by webmaster

FTC Halts California Based Brookstone Law Mortgage Relief Scam

The Federal Trade Commission has charged the operators of a mortgage relief scam with bilking millions of dollars from homeowners by falsely telling them they could join a so-called “mass joinder” lawsuit that would save them from foreclosure and provide additional financial awards. “Preying on homeowners who already are financially distressed and struggling to pay […]

Husband and Wife Charged with Short Sale Fraud – Violation of the Arm’s Length Affidavit

Cynthia Hosbrook, 41, currently a licensed real estate agent, and Robert Hosbrook, 51, formerly a licensed real estate agent, have been charged in U.S. District Court with conspiracy and fraud for making false statements to Wells Fargo Bank in order to get it to approve a short sale on their home.    The defendants are charged in […]

California Lawyer Disbarred for Accepting Advanced Fees and running a Loan Modification Scam

Timothy Clarence Bryson, 61, San Diego, California, State Bar #140798, was disbarred for accepting advance frees (and/or monthly fees) for a loan modification matter and running a false “Attorney Backed” loan modification scam. Bryson was charged with accepting advance fees for loan modification matters in violation of Civil Code § 2944.7(a), failing to deposit and maintain […]

California Attorney Disbarred for Accepting Advance Fees and running an “Attorney Backed” Loan Modification Scam

Jerry Alonzo Stevenson, 43, San Diego, California, State Bar #262798, was disbarred for accepting advance fees for loan modification matters in violation of Civil Code § 2944.7(a), failing to competently perform legal services, and failing to promptly refund advanced fees. Between March and September 2011 several individuals hired Stevenson to negotiate plans with their mortgage lenders or […]

Four Orange County defendants sentenced in loan modification scam

Four Orange County men were sentenced Monday for their participation in a real estate investment scam that took an estimated $130,000 from hundreds of victims, prosecutors said. Justin Dennis Koelle, 23, of Costa Mesa, was sentenced to nine months in jail and five years of formal probation, according to the Orange County district attorney’s office.  […]