Third Person Charged for Role in Foreclosure Rescue Scheme That Involved $725 Million in Mortgages

LOS ANGELES, CA – December 6, 2010 – (RealEstateRama) — With a new criminal case being filed this morning, federal authorities have now charged three defendants for their roles in a foreclosure rescue scam that promised the owners of hundreds of distressed properties that they could indefinitely postpone foreclosure sales.