California Stands Up for Consumers – Again

Criticize California all you want but recent changes in California law actually does something people across the country think is common sense and needed. A bill in California legislature, (AB 1526) awaiting the signature of Governor Brown would go into effect on January 1, 2019. This new law will protect consumers from the collection of … Read more

Unemployed and No Income. Will Creditors Come After My House? – Chris

“Dear Steve, I lost my job (no advance notice) in June 2007. I was unemployed for 75% of the next 5 years. I worked for 23 months (4-2012 to 3-2014) and again lost my job. I work as a consultant primarily for Caltrans as an Inspector (bridges). In the last 6 months I’ve worked less … Read more

California Passes Protections for Homeowners Facing Foreclosure

According to the L.A. Times, California legislators have passed new laws that now await Governor Brown’s signature. These laws would provide the toughest protections for consumers facing problems with the mortgage. “The legislation would make California the first state to prohibit lenders from “dual tracking,” the practice of negotiating with clients to modify a mortgage … Read more

Stockton, California Seeks a Financial Fresh Start in Bankruptcy

The economy has taken a serious hit on a lot of people. But it’s also hit the 290,000 people in Stockton, California pretty damn hard. Tonight the city council is voting on filing bankruptcy to try and give the city a fresh financial start under a chapter 9 bankruptcy. Like big airlines and companies, sometimes … Read more

Bankruptcy California

You remember that old song Hotel California by the Eagles? It’s time for a new updated version titled Bankruptcy California. There are many reasons why you should consider filing for bankruptcy California. Especially if there seem to be no way out of your financial predicament. Making use of a skilled California bankruptcy attorney will give … Read more

Final MTA Debt Collection Fraudster Pleads Guilty

The last defendant in the MTA debt collection scheme has pleaded guilty. Paul Anthony Vasquez pleaded guilty on January 17, 2012 to conspiring to commit mail and wire fraud and money laundering. Vasquez also agreed to pay full restitution and forfeit assets seized by federal agents, including over $950,000 in cash and a 1.5 carat … Read more

Corrupt Criminal Club: Member’s Only

On Wednesday of last week word broke about the largest insider trading scheme involving single stock charged to date. Three defendants have pled guilty and are cooperating with the government’s investigating a scheme that allegedly netted more than $61.8 million in illegal profits. Charges were announced against seven investment professionals, who worked at three different … Read more

Investment Fraudster Defrauds Over 200 Out Of $14 Million

Bradley Stark, the fraudster defendant who represented himself at trail was convicted by a federal jury for deceiving investors about an investment scheme that involved more than 200 victims and more than $14 million. Following Stark’s five-day trial he has been convicted on all counts of an indictment charging him with seven counts of wire … Read more

Hells Angel Commits Mortgage Fraud For Marijuana Grow House

In September I covered a story about two leaders of the Hells Angels that had been accused of mortgage fraud. A mortgage broker in the San Francisco bay area was charged with conspiracy to arrange more than $10 million in fraudulent home loans including the two Hells Angels leaders. Raymond Foakes, former President of the … Read more

Fraudster Deported Back To United States To Face $3.2 Million Fraud Charges

This past New Year’s weekend Joseph Randall Medcalf was deported by Panama officials back to the United States after being charged with defrauding investors of $3.2 million. Medcalf fled the country back in 2008 after filing for personal bankruptcy in 2007 in order to discharge debts related to his scheme. According to the indictment, between … Read more

Telelmarketers Charged With Illegal Robocalling By FTC

The Federal Trade Commission is taking action against a telemarketing operation that allegedly made illegal robocalls, called phone numbers on the National Do Not Call Registry, and masked Caller ID information, in violation of the FTC’s Telemarketing Sales Rule. The FTC’s complaint seeks to make the defendants pay civil penalties and stop the illegal calls. … Read more

Another Adoption Scam?!? Come On…

Roxanne Janel Jones, of Kansas City, had pleaded guilty to running an adoption scam where she pretended to be pregnant with twins and willing to let them be adopted in return for money and gifts. Jones pleaded guilty to one count of conspiracy to commit wire and mail fraud along with one count of aggravated … Read more

$78 Million Mortgage Fraud “Dream Home” Scheme Owner Convicted

Andrew Hamilton Williams, Jr., was convicted last week in Maryland of fraud conspiracy, wire fraud and conspiracy to commit money laundering in connection to a massive mortgage fraud scheme. The scheme, entitled “Metro Dream Homes” promised to pay off homeowners’ mortgages on the homes of their dreams but instead left them high and dry. According … Read more

Is Bank Of America Taking Advantage Of The Unemployed With Debit Card Fees?

The state of South Carolina and Bank of America have teamed up together to administer unemployment benefits to South Carolina residents. Unemployment benefits used to come in the form of a check but are now being issued in the form of a Bank of America prepaid debit card. Bank of America claims that it’s good … Read more