Two more Colorado foreclosure law firms charged with fraud

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Two more Colorado foreclosure law firms charged with fraud

Two more Colorado foreclosure law firms charged with fraud

Reuters-

Colorado’s Attorney General John Suthers has sued two more law firms in the state for fraud, accusing them of inflating foreclosure costs charged to homeowners, his office said.

As part of an ongoing investigation, Suthers has filed eight civil law enforcement actions against Colorado foreclosure law firms in 2014, five of which resulted in settlements totaling nearly $12 million.

The firms targeted earlier this year included the state’s two largest, which were accused of defrauding homeowners, investors and taxpayers by grossly hiking costs and padding bills with unauthorized expenses.

[REUTERS]

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