Selling Hope: Attorneys are playing a larger role in scams, authorities say

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Selling Hope: Attorneys are playing a larger role in scams, authorities say

Selling Hope: Attorneys are playing a larger role in scams, authorities say

Herald Tribune-

In many cases, owners lose their homes — and lifelong savings, while attorneys profit.

“At heart, these are confidence scams,” said Lawrance Evans, director of Financial Markets for the Government Accountability Office, which studies foreclosure rescue fraud for Congress. “These schemes more than ever are involving attorneys. Attorneys sort of bring that air of legitimacy, and unfortunately, they’re still duping folks.

“It all sounds good until the music stops.”

 [HERALD TRIBUNE]

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One Response to “Selling Hope: Attorneys are playing a larger role in scams, authorities say”

  1. American Bar Association short 2007 report on this issue is available at Google: “LAWYERS WORST VIOLATORS OF LAW”, or just click on this link:

    http://kareemsalessi.files.wordpress.com/2010/04/law-professor-michael-closen-says-lawyers-worst-violators-of-law.pdf

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