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“Home Advocates” or Predators? Arizona Lawsuit Exposes Equity Stripping Operation

Case Information: Attorney General Kris Mayes today announced a lawsuit against multiple individuals and companies accused of orchestrating a widespread equity-stripping scheme that defrauded Arizona homeowners facing foreclosure. The lawsuit, filed in Maricopa County Superior Court, alleges violations of Arizona’s Consumer Fraud Act (A.R.S. §§ 44-1521 to 44-1534) and Racketeering Act (A.R.S. §§ 13-2301 to …

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