Wow, Rust Consulting apparently ripped off 200,000 borrowers. Cheated struggling homeowners out of thousands of dollars

Categorized | STOP FORECLOSURE FRAUD

Wow, Rust Consulting apparently ripped off 200,000 borrowers. Cheated struggling homeowners out of thousands of dollars

Wow, Rust Consulting apparently ripped off 200,000 borrowers. Cheated struggling homeowners out of thousands of dollars

NYT-

When homeowners discovered that an account that was supposed to compensate them for foreclosure abuses lacked sufficient money to cash their checks, the consulting firm at the center of the mishap promised that the problem was fixed and that the checks were valid.

But three weeks later, that promise fell short.

This time, according to officials briefed on the matter, the consulting firm issued a raft of checks with wrong amounts. The mistake by the firm, Rust Consulting, cheated struggling homeowners out of thousands of dollars.

[NEW YORK TIMES]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8690 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

3 Responses to “Wow, Rust Consulting apparently ripped off 200,000 borrowers. Cheated struggling homeowners out of thousands of dollars”

  1. I know of many who recieved no checks so far and most who did like myself recieved the wrong ammount. I wonder how many of the checks on all the other cases to homeowners by government class actions were tossed in the garbabe due to intentional junk looking mail and how many checks got actually cashed. A scam well hidden until now.

  2. lies is all they tell says:

    First of all where did they get this company from??? the 1st time i tried to call it took about 1/2 to get get connected to a person. When a rep came on (I was calling for my sister) i gave all the info whe looks it up with my the last and that i want a 4 digits of my sister SS she tells me sorry but there is no record of “my sister”. I said i want to speak to the supervisor. she puts me on hold and then comes back on and asks for the address and finds my sister. Now this is where the water gets mirkey. Now all of the sudden she finds my sisters info but tells me they sent to the address of the foreclosure. My sister has 2 foreclosures. why just one check. they send it to the primary address. but the one they sent for was not her primary???but get this the cheaper home. so now they need to send the change of address form. i asked why do they not use the DMV to get addresses???. so 10 days later whihc was monday i called back nothing received. They look her up again. now all of a sudden the address where they sent the check changed and i am told its going to take 10 days to 2 weeks. I am guessing they chose the cheaper of her homes and they are hoping i will forget about it and not call back. also what are they doing sending checks to hoes witha foreclosure judgement 3 years ago that has been sold? or then changing the story now it went to her job.

    where do put in a formal complaint about this company. this is just insane

  3. Manuela Carmona says:

    Lets see what happens to the checks that do get tossed or all the money is left over? The Feds oh wait a minute the same banks or probably a family owning RUST… RIPOFF .. Not making any sense .. My sister walked away didn’t even look back.. I in the other hand tried to fight for my home after the Modification relief program came into place..she recieved more then me ! What a joke these crooks need to be investigated..

Trackbacks/Pingbacks


Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives