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 …
Last Friday former chief accounting officer, Michael Rand, for Beazer Homes was convicted for seven crimes relating to an accounting fraud conspiracy at Beazer over a seven year time span along with document destruction and obstruction of justice. The government has been investigating Beazer for just over 3 and a half year (since March 2007) …
It was announced last week that Bryan Keith Coats of Clayton, North Carolina plead guilty to his role in connection with the Black Diamoind Ponzi Scheme Investigation that resulted in a $40 million investment fraud conspiracy. Coats admitted to one count of conspiracy to commit commodities, securities, and wire fraud and one count of promotional …
Two completely separate men were charged in two completely separate Ponzi schemes in one completely same city of Charlotte, North Carolina on September 23, 2011. Both defendants plead guilty to commodities fraud. Apparently they both promised victims enormous profits from trading in the Charlotte, North Carolina commodities futures market. Mitchell Brain Huffman was charged with …
Credit Counseling North Carolina Here in North Carolina, like many other states the availability of finding good credit counseling assistance is confusing. People need help trying to figure out where to turn for help but who can they trust? Where do they look for help? Not all help is innocent. In the past year the …
Earlier this month about 20 miles west of Charlotte, North Carolina in Gastonia, North Carolina an RBC Bank was robbed on 500 S. New Hope Road. This is no ordinary robbery. Suspect, 59-year-old James Richard Verone entered the bank at 1 p.m. where he handed a teller a note reading “This is a bank robbery…” …
Last weekend a nasty tornado ripped through my town of Raleigh, NC. Many of you undoubtably heard about this nasty cyclone on the news, reported to have been 4 miles wide and continue for roughly 96 miles. By a miracle my family and I were spared from any devastation. However, some were not as lucky. …
In a recent article I covered how debt settlement trade associations had returned to the FTC to make their pitch that banning advance fees for debt settlement services was a rotten idea. You can read that article here. A couple of weeks after the trade associations had slogged up to the FTC offices, and after …
A Kannapolis, North Carolina foreclosure rescue operation is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday. [As you read this remember that US Consumer Solutions and The Lamb Group are tied together. Look for the bolded section below.] “Scammers entice struggling homeowners with false …