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Fraud

Eric Farrington’s Wealth Building Seminars – BUSTED

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Eric Farrington is but yet another in a long line of get rich quick promoters to wind up on the wrong side of the law. Farrington has a Dallas based wealth building seminar business where he brags that “While homeless himself, Mr. Farrington was able to take $750.00 and purchase a 1000 unit apartment complex.” – Source So let’s flash ... Read More »

Owner of Motorcycle Shop in Pennsylvania Found Guilty in Selling 9-11 Bogus Raffle Tickets

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Investigators said in 2001 Corradini ran a bogus raffle out of North East Iron Horse, his motorcycle shop along Main Street in Bloomsburg. The prize was a brand new motorcycle. The proceeds were supposed to go to New York City firefighters who responded to the terrorist attacks on September 11.   Read More »

Loan Modification Company Operating Out of Mailbox at UPS Store is a Scam

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Federal prosecutors have indicted two San Diego men featured in an ABC News investigation for their role in allegedly defrauding desperate homeowners trying to modify their mortgages. Investigation uncovers businesses posing as something they’re not. Glenn Rosofsky and Michael Trap, who ran a business called Nations Housing Modification Center, are charged with duping homeowners who were falling behind on their ... Read More »

California Shuts Down Scam Foreclosure Relief Companies

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California Attorney General Edmund G. Brown Jr. today shut down two fraudulent foreclosure-assistance companies and secured a court judgment that prohibits three individuals from working in the real estate industry and provides more than $1 million in restitution for victims left with “false hope” after paying upfront fees for nonexistent loan-modification services. “George Escalante, Cesar Lopez and Adrian Pomery used ... Read More »

Scammers Use Dead Babies Identities to Ripoff Banks

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Here’s a scam I had not heard of before. This one is from Wales and the United Kingdom. A NIGERIAN gang which stole the identities of dead babies and then plundered bank accounts set up in their name was jailed yesterday. The gang of three, two men and a woman, stole 44 separate identities over 18 months to set up ... Read More »

eBay Motors Redirect Scam Makes it Easy For Users to be Taken

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A very interesting video was recently posted which shows how clever scammers have become in being about to capture eBay user information and bids that could result in someone winning a vehicle auction and sending their money to a scammer. Get Out of Debt Guy – Twitter, G+, Facebook Read More »

Tractor Parts Scam Executed by Man Under Arrest for Previous Scam

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A Pennsylvania man is in the Westmoreland County Prison after being charged in a tractor parts scam. William Charles Stevenson, 40, of 424 Hill St., was arrested Friday and charged with 42 counts of theft by deception and 45 counts of receiving stolen property. NBV police Sgt. Howard Rider said police executed a search warrant at Stevenson’s home and found ... Read More »

Couple Scams Nuns for $800,000 and Spends it Gambling

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A Chicago man who along with his wife scammed more than $1 million from monasteries and religious groups was sentenced Friday to 39 months in federal prison. Edward Bosire, 40, and his wife, Angela Martin-Mulu, 36, posed as siblings who had fled political oppression in Africa, were in the United States illegally, and needed money for medical bills and other ... Read More »

Beware of Cash This Check Scam Which Can Leaves You Broke

This isn’t necessarily a new scam, but it has found renewed legs in these difficult times. Here is how it works. Out of the blue you will get a check that looks official like a cashiers check, money order, certified check, etc. The person sending it to you will either send you the check with a job offer like a ... Read More »

Mortgage Rescue Scam Results in Guilty Plea From Lawyer

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In a look into the future when more lawyers are going to find themselves in hot water from current foreclosure avoidance scams, yet another lawyer has been found guilty of running a foreclosure rescue or mortgage rescue scam. This time the show unfolded in Pennsylvania. The government alleged that Doherty and four others targeted homeowners facing foreclosure, promised to help ... Read More »

Pastor of Center Harbor Christian Church Implicated in Loan Scam Run By Son

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Robert Farah, pastor of Center Harbor Christian Church in New Hampshire, says he’s a victim of the alleged scam run by his son, Scott Farah. But in Belknap County Superior Court yesterday, lawyers investigating Scott Farah and his former business partner said Robert Farah profited from his son’s alleged fraud. Attorney Thomas Donovan, who’s representing several former investors of Financial ... Read More »

Forensic Mortgage Analysis Scam – Beware

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Consumers are urged to be on the lookout for companies promising forensic mortgage analysis services. It’s an offer many struggling homeowners can find hard to resist. It begins with a flyer or phone call from a company offering to review your financial documents in order to find a dramatically lower mortgage rate. But the problem is, it often is an ... Read More »

Beware of Twitter for Cash Scam

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A popular one right now? One web site is designed to look like a newspaper front page, with the logos of real newspapers and TV networks. The person featured has a rags to riches story…college dropout now making $10,000 a month working from home. All you have to do is order a twitter cash starter kit for $1.95, but that’s ... Read More »

Master Builders for Christ and Vision Builders Christian Center Steal Homes of People Facing Foreclosure

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I’m not sure if it’s just me or that there seem to be more financial frauds occurring in the name of God. Using the words of God and a promised opportunity of hope in desperation, three Delaware residents stole the foreclosed houses of desperate homeowners. – Source Delaware Attorney General Beau Biden announced that Jamaar Manlove, Larry Manlove, Rhonda Manlove, ... Read More »

Payday Store Manager Saves Grandmother From Scam

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Lincoln County sheriffs investigators say they’re getting several calls a week about con-artists targeting the elderly with ‘the grandparents scam.’ It’s where a caller claims that the would-be victim’s grandchild is in jail and needs bail money. W-S-A-W NewsChannel 7 is reporting one case where the con-artist put a younger female on the phone, posing as the actual grandchild. The ... Read More »

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