December 17, 2011 |
Nevada has filed suit against a major player in the foreclosure business, Lender Processing Services Inc., alleging that the company is responsible for perpetrating widespread consumer fraud in the Silver State. The lawsuit against LPS of Jacksonville, Fla., and several of its subsidiaries alleges that the company falsified, forged or fraudulently filed countless documents in foreclosure cases across Nevada, requiring individual employees to execute or notarize as many as 4,000 foreclosure documents a day. LPS is used by many major banks to process foreclosures, and the suit said the company is responsible for more than 50% of foreclosures annually.
CALIFORNIA | LOCAL
August 7, 2011 |
When does hand-delivering a check for $2 million for a worthy cause land you in hot water? For Los Angeles City Atty. Carmen Trutanich, who is raising money for a possible run for district attorney, it was when he proposed using that hefty sum for a program that would help one of his political allies. The money had come from a legal settlement won by city lawyers against an outdoor advertising company. Under state law, half of the settlement must be given to the county for consumer protection enforcement and, in the past, the county has doled out those funds to the district attorney's office — the office Trutanich may seek in next year's election.
August 9, 2009 |
The Better Business Bureau is warning consumers about phony debt collectors. The watchdog organization issued a national alert about calls coming from lawyers claiming to be from the Financial Accountability Assn. or the Federal Legislation of Unsecured Loans. The callers say that the consumer has defaulted on a payday loan and will be immediately arrested and extradited to California to stand trial unless as much as $1,000 is wired or the consumer provides bank account or credit card numbers.
June 1, 2008 |
The pitch: "Our program offers the ability to repair, restore or establish your credit!" The scam: Not only did the Home Buyers Network, Good Credit Co. and GoodCredit.com promise in their ads to repair credit, they also said they could boost credit scores and erase "derogatory items" from credit reports, according to the Federal Trade Commission. The North Carolina businesses, owned by Home Buyers Consulting Network Inc.
December 16, 2007 |
It's time for the top 10 scams of 2007. From cruel foreclosure frauds to Nigerian puppies -- in other words, from the tragic to near comical -- this was a banner year for consumer scams. Much like many other years. The Internet continued to provide a worldwide platform for fraudsters. New scams popped up and some old-fashioned schemes came back. So, without further ado, here's a countdown of infamous notables for the year. Hold your applause, and your wallet. 10.
CALIFORNIA | LOCAL
November 3, 2007 |
Orange County authorities Friday were looking for dozens of people who may have been scammed by a man accused of posing as a contractor and taking homeowners' money before abandoning the jobs. Palavi Tonga, 28, was arrested Wednesday by Anaheim police and booked on three counts of grand theft, said Sgt. Rick Martinez. According to police, Tonga sought out three Anaheim homeowners, falsely telling them he was a licensed contractor and offering them low-cost repairs.