Lawyers Are Now The Driving Force Behind Mortgage Scams

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Lawyers Are Now The Driving Force Behind Mortgage Scams

Lawyers Are Now The Driving Force Behind Mortgage Scams

Homeowners should be a whole lot diligent these days…

 

HuffPO-

From the very first day she was allowed to speak with clients at her new law firm job, Michele Stephens wondered if she was doing something unethical. By the time she quit, nearly a year later, she no longer had any doubt about it. “I was told to lie again and again,” she said.

Stephens claims she took part in what consumer groups and federal regulators say is an especially ruinous scam, directed by lawyers, meant to defraud desperate and broke homeowners.

Reading from a six-page script, Stephens told hundreds of clients solicited by The Hoffman Law Group of Palm Beach, Florida, that the firm was suing banks on their behalf, seeking compensation for mortgage abuses. This aggressive litigation was all made possible, she would say, by the fees homeowners paid to support the cases – $6,000 up front, plus $495 a month.

[HUFFINGTONPOST]

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One Response to “Lawyers Are Now The Driving Force Behind Mortgage Scams”

  1. Ben Burned says:

    There is a scam like this operating out of Southern California (and say they do cases across the country) with a name something like Consumer Rights Pretenders. Slick pitchman making big promises and sounding as if he is your long lost best friend. When pressed, he will admit he is NOT an attorney but that he obtained a law degree…just never passed the bar. RUN AWAY AS FAST AS YOU CAN. DO NOT TRUST AND DO NOT GIVE YOUR MONEY TO ANY LOW DOWN BOTTOM FEEDING SCAVENGERS!

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