Latest Posts
Home > Debt Articles > Foreclosure Scam Ringleader Faces 49 Years Behind Bars

Foreclosure Scam Ringleader Faces 49 Years Behind Bars

The ringleader in a Carlsbad, California-based scam that tricked mostly Spanish-speaking homeowners into paying for a bogus service to stave off foreclosure was convicted of 160 felony counts by a San Diego jury Tuesday, according to the district attorney’s office.

William Hutchings, 62, of San Diego faces 49 years in prison on the convictions that included conspiracy, grand theft, rent skimming and violations of the mortgage foreclosure consultant law, district attorney’s spokesman Steve Walker said.

After Tuesday’s conviction, he was taken into custody and ordered held without bail until his April 27 sentencing, Walker said.

Hutchings and his conspirators worked to scam more than 400 families in San Diego and Riverside counties by offering a foreclosure prevention service based on “land grants,” in which the company placed title of the property into a federal program that trumped the banks’ right to the property, Walker said.

No such program exists.

In some cases, the defendants charged as much as $10,000, plus monthly rent, for the fake grant programs, according to authorities.

Five other codefendants have already pleaded guilty, and four more are awaiting trial, Walker said.

Source

Foreclosure Scam Ringleader Faces 49 Years Behind Bars
Get Out of Debt Guy – Twitter, G+, Facebook

Foreclosure Scam Ringleader Faces 49 Years Behind Bars by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.