Foreclosure Fraud
Table of Contents

 

Buy Back Sales, Buy Back Leases, Foreclosure Rescue, and those are just a few of the names for the types of crimes foreclosure operators use to steal your home and or you equity.

In 2007 there were more than 2.2 million foreclosure filings reported on approximately 1.29 million properties nationally. An increase of 75 percent from 2006, according to RealtyTrac. That equates to one out of every five homes on the market for sale, were foreclosed properties.

WJFA has a wealth of information to help protect you from thieves that have one goal in mind - rob you of your home or equity.

If you have been denied justice, please don't despair. You are not alone. There are sections here to help you if you are in foreclosure or not sure if what is happening to you is fraud. If you need to talk to others that have walked in your shoes, please join our forum / support group.

 

Equity Robbers   Scam artists feasted on homeowners' equity like wolves savaging sheep. We give you insight on how to recognize the con artists and what to do to protect yourself. They act nice, act like they care, convince you they are your only hope. All they want is to get your home. They use all kinds of trickery, to get you to give them your home. Many victims report they thought they were signing loan papers, but later learned the document was a grant deed giving the foreclosure rescuer your home for free.

Common Foreclosure Scams They are always on the look out for someone in trouble so they can swoop in and take advantage you. They are nice, sweet talking, and convince millions that they just want to help. They are a class of people that make a living off others' misfortune. Most are operating legitimately, but the ones that aren't, are many and the lack of justice has only made them more bold in their efforts to steal your home. Read the various types of scams used to deprive you of your home.

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Real Estate Fraud

Real Estate Crimes are the leading crime in the nation. The crimes include mortgage fraud, foreclosure bailout loans, property flipping, bogus appraisals, forged grants and more.

Rebuild Your Life

It is fraud victims' lament, severely damaged credit rating that keeping you from a good job, cheap auto insurance, and low interest rate.

WJFA has an 11-step program to help you get your life back.

Sufficient Evidence to Prosecute Jerry Ponsky

The question people in Cleveland, Ohio keep asking is, "Why do our criminal complaints against Jerry Ponsky just seem to go into a black hole?"

In the Cleveland Free Times's investigative story, one prosecutor blamed judges for being too lenient on real estate criminals as the reason why real estate criminals are running amok.

In 2005, Ohio topped the nation for the most foreclosures, and according to the Times article, most involved fraud.

Strategy to Thwart Foreclosure Pirates

Thwarting Foreclosure Pirates' scheme to steal your home or equity is the best way to deal with this type of crime.

Read the method of operation of scam artists masking themselves as professionals "Just trying to help you." Don't believe it.

Foreclosure predators want your home and they are slick and convincing. Read the recommendations from an expert on how to recognize Pirates, especially the ones coming to your home offering to help you out of foreclosure.

California Foreclosure LLC

Al Seastrand and his California Foreclosure Service, LLC, filed a fraudulent foreclosure in 2000 claiming the victim did not have property insurance. It was fraud with intent to steal the woman's home, according to a civil court judge.

Despite the victim giving evidence to the Sacramento County District Attorney's office, they told the victim "It's not my jurisdiction." The victim was forced to pay the extortion demand to keep from her losing home.

In 2001, Seastrand filed a second fraudulent foreclosure against the same victim. Again, District Attorney Jan Scully denied the victim justice saying "Insufficient Evidence."

Washington D.C. Worst Real Estate Crime

Between blighted empty buildings to foreclosure bailout loan scams, people in the suburbs of Washington D.C. say they can't understand why or how Vincent Abell was released from prison and allowed to continue to operate in the real estate industry.

Abell served time at a prison for what city officials say was the worst real estate crime in the history of the city.

Mid America Financial Investment Inc fraud

Delores and Ivan Eicher are tragic story of what happens to fraud victims denied justice. Forced to undo the crime against them in civil court, the case dragged out for years and by the time it settled, the Eicher's were financially wiped out and the house destroyed from disrepair.

High Court Slams Foreclosure Bailout Scamsters

The Douglas County District Attorney dumped 13 fraud victims of a bailout loan scam, in to the civil courts to deal with the crime against them.

Lenders offered to help the victims avoid a foreclosure, but actually duped the homeowners out their homes. The lenders high-powered attorneys whooped the victims' fanny and dragged the case out for years. But read what the victims did.

Foreclosure Bailout Scam Costs WWII Vet his Childhood Home

Packed into Idriis Bilaal's Washington, D.C. home are 77 full years of cherished memories. Last year he faced foreclosure on his beloved home.

That's when Calvin Baltimore came knocking with his card, which states: "I can make you a loan to stop the foreclosure."

Baltimore told Bilaal that he was saving his home for him. But the papers Bilaal signed actually transferred ownership of his home to another man, Vincent Abell. It's a common scam.

Worse, these men were convicted scam artists - repeat offenders.(CBS News reports)

Dubious Foreclosure takes Disabled Vet's home

Ken is one among hundreds of thousands of homeowners in Homeowner Associations that lost his home to a questionable association fee and collection practices. The disabled man is homeless after his bankruptcy attorney messed up his case and the foreclosure company sold his home without his knowledge. (Sacramento Bee reports)

Foreclosure Bailout Scam Target Little Old Women

82-year-old Rena Barton of Gilroy thought the man coming to her home offering to help save her home, was a God send but she was actually got was a Foreclosure Bailout Scam.

She didn't know they had her sign papers giving her home away and on July 20, he evicted her from home of 30 years. (ABC 7 reports)

More Foreclosure Bailout Scams in Gilroy

80-year old Jeannie Wenneberg of Gilroy received an eviction notice the day after Rena Barton, above, to vacate her home.

Just like Rena, Jeannie had no idea she no longer owned her home. She too is a victim of a Foreclosure Bailout Scam. The two women are waiting for justice. (ABC 7 reports)

Foreclosure Bailout Scammers Target Crippled Old Woman

A life time of heart ache and in her senior years, the frail Irene Feaster was no match for sweat talking foreclosure bailout scammers. Contra Costa County DA Robert Kochly denied Irene justice, a victim of Real Estate predators, who forged documents to secure loans against her home and then didn't pay the loans. The lender foreclosed.

Legal Self Help for Victims of Foreclosure Fraud

So, your district attorney has denied you justice and now you have go to civil court to undo the crime against you. You're not alone.

Learn how other victims navigated through the civil courts, where you are not going to receive justice because they are not designed to dole out justice. The best you can hope for is undoing the crime without bankrupting yourself.

You're Not Alone

" No one understands what I am going through." ---- "I am financially ruined from the foreclosure fraud."

You're not alone. It is common to feel angry about the injustice, feel betrayed by the system, and be depressed about being victimized. WJFA is operated by volunteer fraud victims denied justice. We understand how you feel. We're here if you need to talk or need support.